EMERSON COLLEGE: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: EMERSON COLLEGE (EIN 04-1286950)
Tax period: 2020-07-01 to 2021-06-30
Filed: 2022-05-10
IRS object ID: 202241309349300504
Schema version: 2020v4.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule E
Schedule F
Schedule I
Schedule J
Schedule K
Schedule K
Schedule L
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-05-10T04:27:23-05:00	ReturnTs
Tax Period End	2021-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	366055558	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	GRANT THORNTON LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	75 STATE STREET	AddressLine1Txt
City	BOSTON	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	02109	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2020-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	041286950	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	EMERSON COLLEGE	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	EMER	BusinessNameControlTxt
Phone	6178248500	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	120 BOYLSTON STREET	AddressLine1Txt
City	BOSTON	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	021164624	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	PAUL DWORKIS	PersonNm
Person Title	VP ADMINISTRATION & FINANCE	PersonTitleTxt
Phone	6178248500	PhoneNum
Signature	2022-05-16	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	PAUL	PersonFirstNm
Person Last	DWORKIS	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	ERIN COUTURE	PreparerPersonNm
PTIN	P01390592	PTIN
Phone	6177237900	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

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)
Principal Officer	PAUL DWORKIS	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	120 BOYLSTON STREET	AddressLine1Txt
City	BOSTON	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	021164624	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$400,393,526	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.EMERSON.EDU	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1880	FormationYr
Legal Domicile State	MA	LegalDomicileStateCd
Activity Or Mission	TO EDUCATE STUDENTS TO BECOME LEADERS IN COMMUNICATION AND THE ARTS (CONTINUED ON SCHEDULE O) AND TO ADVANCE SCHOLARSHIP AND CREATIVE WORK THAT BRINGS INNOVATION, DEPTH AND DIVERSITY TO THESE DISCIPLINES.	ActivityOrMissionDesc
Voting Members Governing Body	30	VotingMembersGoverningBodyCnt
Voting Members Independent	29	VotingMembersIndependentCnt
Total Employee	2993	TotalEmployeeCnt
Total Volunteers	1200	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$8,553,598	PYContributionsGrantsAmt
CY Contributions Grants	$14,669,799	CYContributionsGrantsAmt
PY Program Service Revenue	$256,656,858	PYProgramServiceRevenueAmt
CY Program Service Revenue	$243,137,552	CYProgramServiceRevenueAmt
PY Investment Income	$8,170,290	PYInvestmentIncomeAmt
CY Investment Income	$12,767,852	CYInvestmentIncomeAmt
PY Other Revenue	$7,686,892	PYOtherRevenueAmt
CY Other Revenue	$5,121,195	CYOtherRevenueAmt
PY Total Revenue	$281,067,638	PYTotalRevenueAmt
CY Total Revenue	$275,696,398	CYTotalRevenueAmt
PY Grants And Similar Paid	$52,130,599	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$59,630,086	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$109,460,847	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$108,086,142	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$6,019,000	CYTotalFundraisingExpenseAmt
PY Other Expenses	$108,485,131	PYOtherExpensesAmt
CY Other Expenses	$107,515,107	CYOtherExpensesAmt
PY Total Expenses	$270,076,577	PYTotalExpensesAmt
CY Total Expenses	$275,231,335	CYTotalExpensesAmt
PY Revenues Less Expenses	$10,991,061	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$465,063	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,047,810,953	TotalAssetsBOYAmt
Total Assets EOY	$1,139,244,716	TotalAssetsEOYAmt
Total Liabilities BOY	$596,318,596	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$613,201,218	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$451,492,357	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$526,043,498	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	SEE SCHEDULE O. EMERSON COLLEGE IS INTERNATIONALLY RECOGNIZED AS A PREMIER LIBERAL ARTS INSTITUTION DEVOTED TO COMMUNICATION AND THE ARTS. THE COLLEGE IS ORGANIZED INTO TWO SCHOOLS, EACH OF WHICH OFFERS BOTH UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS: THE SCHOOL OF THE ARTS AND THE SCHOOL OF COMMUNICATION. IN ADDITION TO ITS BOSTON, MASSACHUSETTS LOCATION, THE COLLEGE MAINTAINS CAMPUSES IN LOS ANGELES, CALIFORNIA AND KASTEEL WELL, THE NETHERLANDS.ON JULY 23, 2020, EMERSON COLLEGE COMPLETED AN ACQUISITION OF MARLBORO COLLEGE, LOCATED IN MARLBORO, VERMONT. AS PART OF THE ACQUISITION, EMERSON COLLEGE INVITED EXISTING MARLBORO COLLEGE STUDENTS AND FACULTY TO JOIN THE EMERSON COMMUNITY TO CONTINUE THEIR COURSEWORK AND TEACHING.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$166,893,436	ExpenseAmt
Grant	$59,630,086	GrantAmt
Revenue	$210,339,370	RevenueAmt
Desc	EMERSON COLLEGE PROVIDES UNDERGRADUATE AND GRADUATE PROGRAMS CHALLENGING STUDENTS TO THINK AND COMMUNICATE WITH CLARITY, SUBSTANCE AND INSIGHT. THE CURRICULUM INTEGRATES COMMUNICATION WITH LIBERAL ARTS AND EMPHASIZES A GLOBAL OUTLOOK AND PRACTICAL EXPERIENCE TO HELP DEVELOP THE INHERENT CAPACITIES OF EACH STUDENT. THE COLLEGE EDUCATES APPROXIMATELY 3,700 UNDERGRADUATE AND 1,400 GRADUATE STUDENTS ANNUALLY - THIS YEAR FROM 50 U.S. STATES, WASHINGTON, D.C., PUERTO RICO, GUAM, AND 63 COUNTRIES. THE COLLEGE HAS MORE THAN 600 FULL AND PART-TIME FACULTY.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$59,153,000	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$35,430,312	RevenueAmt
Desc	AUXILIARY ENTERPRISES PROVIDE SERVICES FOR STUDENTS TO ENSURE THEY ARE APPROPRIATELY SUPPORTED. THESE SERVICES PREDOMINANTLY INCLUDE ROOM, BOARD, AND BOOKSTORE OPERATIONS. THEATRE OPERATIONS ARE ALSO CLASSIFIED AS AN AUXILIARY ENTERPRISE.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$226,046,436	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	Yes (1)	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (1)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	Yes (1)	ForeignOfficeInd
Foreign Activities	Yes (1)	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	Yes (1)	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	0	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	Yes (1)	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
Info In Schedule O Part V	Yes (X)	InfoInScheduleOPartVInd
IRP Document	7143	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	2993	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	Yes (1)	ForeignFinancialAccountInd
Foreign Country	NL	ForeignCountryCd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (1)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (1)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	30	GoverningBodyVotingMembersCnt
Independent Voting Member	29	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	Yes (1)	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	AK	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CO	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	DC	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	FL	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MD	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NV	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NH	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	ND	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OR	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	UT	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	WA	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
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	JONATHAN PEARSALL	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6178248426	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	120 BOYLSTON STREET	AddressLine1Txt
City	BOSTON	CityNm
State Abbreviation	MA	StateAbbreviationCd
ZIP	021164621	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (45 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	Key EmployeeKeyEmployeeInd
M LEE PELTON
PRESIDENT/TRUSTEE (THRU 05/2021)	40.00	0.00	Yes (X)	Yes (X)	$755,038	$0	$156,519
PAUL DWORKIS
VP FOR ADMINISTRATION AND FINANCE	40.00	0.00		Yes (X)	$356,922	$0	$52,767
MICHAELE WHELAN
PROVOST AND VP FOR ACADEMIC AFFAIRS	40.00	0.00		Yes (X)	$334,794	$0	$29,932
JOHN MALCOLM
VP FOR INSTITUTIONAL ADVANCEMENT	40.00	0.00			$335,163	$0	$10,199	Yes (X)
WILLIAM GILLIGAN
VP(THRU 12/20)/INT PRES(AS OF 6/21)	40.00	0.00	Yes (X)	Yes (X)	$290,638	$0	$21,489
ALLISON SAMPSON
VP & EXEC. DIR., L.A. PROGRAM	40.00	0.00			$279,032	$0	$29,821	Yes (X)
CHRISTINE HUGHES THRU 102020
VP & GENERAL COUNSEL AND CLERK	40.00	0.00		Yes (X)	$271,779	$0	$25,202
RUTHANNE MADSEN
VP FOR ENROLLMENT MANAGEMENT	40.00	0.00			$278,044	$0	$18,087		Yes (X)
SYLVIA SPEARS
VP FOR EQUITY AND SOCIAL JUSTICE	40.00	0.00			$244,103	$0	$40,651	Yes (X)
ROBERT BUTLER
AVP FOR ADMINISTRATION AND FINANCE	40.00	0.00			$264,972	$0	$6,459	Yes (X)
MARGARET INGS THRU 062021
VP FOR GOVT & COMMUNITY RELATIONS	40.00	0.00			$235,630	$0	$13,649	Yes (X)
MEREDITH AINBINDER
VP AND GENERAL COUNSEL (AS OF 11/20)	40.00	0.00		Yes (X)	$169,027	$0	$22,654
JEFFREY D GREENHAWT
CHAIR (THRU 05/21)/BOARD MEMBER	2.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
VINCENT J DI BONA
VICE CHAIRMAN	2.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
ALBERT M JAFFE
VICE CHAIRMAN	2.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
STEVEN SAMUELS
VICE CHAIRMAN	2.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
MICHAEL MACWADE
TREAS. (THRU 05/21)/BOARD MEMBER	2.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
MARILLYN ZACHARIS
SECRETARY	2.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
ERIC ALEXANDER
BOARD MEMBER	2.00	0.00	Yes (X)		$0	$0	$0
VIVIAN BEARD
BOARD MEMBER	2.00	0.00	Yes (X)		$0	$0	$0
TRACI BLACKWELL
BOARD MEMBER	2.00	0.00	Yes (X)		$0	$0	$0
KEVIN BRIGHT
BOARD MEMBER/VICE CHAIR(AS OF 05/21)	2.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
ELLEN CALMAS
BOARD MEMBER/TREAS. (AS OF 05/21)	2.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
DAN COHEN
BOARD MEMBER (THRU 05/2021)	2.00	0.00	Yes (X)		$0	$0	$0
DENA DAVIS
BOARD MEMBER (AS OF 08/2020)	2.00	0.00	Yes (X)		$0	$0	$0
LORENZO DI BONAVENTURA
BOARD MEMBER	2.00	0.00	Yes (X)		$0	$0	$0
ROBERT FRIEND
BOARD MEMBER	2.00	0.00	Yes (X)		$0	$0	$0
IRA GOLDSTONE
BOARD MEMBER	2.00	0.00	Yes (X)		$0	$0	$0
GARY GROSSMAN
BOARD MEMBER	2.00	0.00	Yes (X)		$0	$0	$0
DOUG HERZOG
BOARD MEMBER	2.00	0.00	Yes (X)		$0	$0	$0
LEO HINDERY JR
BOARD MEMBER (THRU 07/2020)	2.00	0.00	Yes (X)		$0	$0	$0
DOUGLAS HOLLOWAY
BOARD MEMBER/VICE CHAIR(AS OF 05/21)	2.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
MICHAEL MARA
BOARD MEMBER	2.00	0.00	Yes (X)		$0	$0	$0
ROBERT MILLER
BOARD MEMBER	2.00	0.00	Yes (X)		$0	$0	$0
ANDREA MONTONI
BOARD MEMBER	2.00	0.00	Yes (X)		$0	$0	$0
MICHELLE PERKINS
BOARD MEMBER (THRU 05/2021)	2.00	0.00	Yes (X)		$0	$0	$0
PATRICIA PEYTON
BOARD MEMBER	2.00	0.00	Yes (X)		$0	$0	$0
NATE PUSEY
BOARD MEMBER	2.00	0.00	Yes (X)		$0	$0	$0
MARC REINGANUM
BOARD MEMBER (THRU 05/2021)	2.00	0.00	Yes (X)		$0	$0	$0
SHEILA ROBINSON
BOARD MEMBER	2.00	0.00	Yes (X)		$0	$0	$0
LINDA SCHWARTZ
BOARD MEMBER	2.00	0.00	Yes (X)		$0	$0	$0
RAJ SHARMA
BOARD MEMBER	2.00	0.00	Yes (X)		$0	$0	$0
SUSAN NAMM SPENCER
BOARD MEMBER	2.00	0.00	Yes (X)		$0	$0	$0
CATHY WEISS
BOARD MEMBER	2.00	0.00	Yes (X)		$0	$0	$0
PETER ZAMORE
BOARD MEMBER (AS OF 08/2020)	2.00	0.00	Yes (X)		$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$3,815,142	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$427,429	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	186	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
HOLLAND AND KNIGHT LLP
10 ST JAMES AVE 1200	BOSTON	MA	02116	LEGAL SERVICES	$436,481
5 HORIZONS DIGITAL LLC
350 GRANITE ST 1202	BRAINTREE	MA	02184	DIGITAL MARKETING SERVICES	$347,064
GRANT THORNTON LLP
75 STATE ST	BOSTON	MA	02109	AUDIT/TAX SERVICES	$219,724
THE FLOWERS COUNSEL GROUP LLC
4 COPLEY PLACE	BOSTON	MA	02116	LEGAL SERVICES	$186,000
2 CENT AUTOCALLS LLC
19107 TWO RIVER LANE	BOCA RATON	FL	33498	POLLING SERVICES	$158,885

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	19	CntrctRcvdGreaterThan100KCnt
Government Grants	$6,242,868	GovernmentGrantsAmt
All Other Contributions	$8,426,931	AllOtherContributionsAmt
Noncash Contributions	$602,432	NoncashContributionsAmt
Total Contributions	$14,669,799	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION & FEES	611710	$210,339,370	$210,339,370
ROOM & BOARD	611710	$32,646,191	$32,646,191
AUXILIARY - OTHER	611710	$107,752	$107,752
BOOKSTORE COMMISSION	611710	$44,239	$44,239

Field	Value	IRS element (for citing)
Total Program Service Revenue	$243,137,552	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$11,183,021	TotalRevenueColumnAmt
Exclusion	$11,183,021	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,604,000	TotalRevenueColumnAmt
Exclusion	$2,604,000	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$863,921	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$978,856	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	-$114,935	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$114,935	TotalRevenueColumnAmt
Exclusion	-$114,935	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$125,303,103	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$123,718,272	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$1,584,831	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,584,831	TotalRevenueColumnAmt
Exclusion	$1,584,831	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	MISCELLANEOUS	Desc
Business	611710	BusinessCd
Total Revenue Column	$2,632,130	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,632,130	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$2,632,130	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$275,696,398	TotalRevenueColumnAmt
Related Or Exempt Func Income	$245,769,682	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$15,256,917	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$59,443,655	TotalAmt
Program Services	$59,443,655	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$186,431	TotalAmt
Program Services	$186,431	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$3,362,938	TotalAmt
Program Services	$1,067,965	ProgramServicesAmt
Management And General	$1,771,087	ManagementAndGeneralAmt
Fundraising	$523,886	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$38,102	TotalAmt
Management And General	$38,102	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$85,183,220	TotalAmt
Program Services	$67,420,179	ProgramServicesAmt
Management And General	$14,799,551	ManagementAndGeneralAmt
Fundraising	$2,963,490	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$706,003	TotalAmt
Program Services	$556,122	ProgramServicesAmt
Management And General	$122,075	ManagementAndGeneralAmt
Fundraising	$27,806	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$12,657,538	TotalAmt
Program Services	$9,396,934	ProgramServicesAmt
Management And General	$2,062,742	ManagementAndGeneralAmt
Fundraising	$1,197,862	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$6,138,341	TotalAmt
Program Services	$4,835,198	ProgramServicesAmt
Management And General	$1,061,385	ManagementAndGeneralAmt
Fundraising	$241,758	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$957,388	TotalAmt
Management And General	$957,388	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$313,613	TotalAmt
Management And General	$313,613	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$36	TotalAmt
Management And General	$36	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$501,898	TotalAmt
Management And General	$501,898	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$1,509,922	TotalAmt
Program Services	$1,060,896	ProgramServicesAmt
Management And General	$447,153	ManagementAndGeneralAmt
Fundraising	$1,873	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,334,607	TotalAmt
Program Services	$1,064,085	ProgramServicesAmt
Management And General	$233,579	ManagementAndGeneralAmt
Fundraising	$36,943	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,176,536	TotalAmt
Program Services	$937,431	ProgramServicesAmt
Management And General	$205,778	ManagementAndGeneralAmt
Fundraising	$33,327	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$3,235,622	TotalAmt
Program Services	$2,553,658	ProgramServicesAmt
Management And General	$560,559	ManagementAndGeneralAmt
Fundraising	$121,405	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$8,810,265	TotalAmt
Program Services	$6,766,506	ProgramServicesAmt
Management And General	$1,485,331	ManagementAndGeneralAmt
Fundraising	$558,428	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$238,878	TotalAmt
Program Services	$193,836	ProgramServicesAmt
Management And General	$42,550	ManagementAndGeneralAmt
Fundraising	$2,492	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$680,708	TotalAmt
Program Services	$509,435	ProgramServicesAmt
Management And General	$111,827	ManagementAndGeneralAmt
Fundraising	$59,446	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$22,895,195	TotalAmt
Program Services	$18,774,060	ProgramServicesAmt
Management And General	$4,121,135	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$20,252,237	TotalAmt
Program Services	$16,606,834	ProgramServicesAmt
Management And General	$3,645,403	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$5,259,089	TotalAmt
Program Services	$4,312,453	ProgramServicesAmt
Management And General	$946,636	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
OTHER SERVICES	$10,449,437	$7,949,462	$2,338,311	$161,664
OTHER FOOD SERVICES	$8,002,347	$6,560,220	$1,440,049	$2,078
RENOV./CONTRACTS MAINT	$6,174,534	$2,521,520	$3,652,914	$100
SPACE RENTALS (COVID)	$5,030,640	$5,030,640	$0	$0

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$10,692,155	TotalAmt
Program Services	$8,298,916	ProgramServicesAmt
Management And General	$2,306,797	ManagementAndGeneralAmt
Fundraising	$86,442	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$275,231,335	TotalAmt
Program Services	$226,046,436	ProgramServicesAmt
Management And General	$43,165,899	ManagementAndGeneralAmt
Fundraising	$6,019,000	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$136,096	BOYAmt
EOY	$213,625	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$73,569,616	BOYAmt
EOY	$80,999,043	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$4,144,805	BOYAmt
EOY	$4,130,576	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$5,156,449	BOYAmt
EOY	$2,950,003	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$1,668,789	BOYAmt
EOY	$1,371,821	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$2,725,188	BOYAmt
EOY	$2,190,297	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$1,044,643,383	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$283,458,579	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$773,973,399	BOYAmt
EOY	$761,184,804	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$183,878,429	BOYAmt
EOY	$260,155,478	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$63,214	BOYAmt
EOY	$59,918	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$2,494,968	BOYAmt
EOY	$25,989,151	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,047,810,953	BOYAmt
EOY	$1,139,244,716	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$41,732,858	BOYAmt
EOY	$42,379,950	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$19,613,189	BOYAmt
EOY	$21,764,828	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$533,718,891	BOYAmt
EOY	$524,897,652	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,253,658	BOYAmt
EOY	$24,158,788	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$596,318,596	BOYAmt
EOY	$613,201,218	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	$406,305,028	BOYAmt
EOY	$446,539,889	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$45,187,329	BOYAmt
EOY	$79,503,609	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$451,492,357	BOYAmt
EOY	$526,043,498	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,047,810,953	BOYAmt
EOY	$1,139,244,716	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$465,063	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$50,175,088	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$23,910,990	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$7,698,561	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$10,444,894	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$9,744,382	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$8,553,598	CurrentTaxYearMinus1YearAmt
Current Tax Year	$14,669,799	CurrentTaxYearAmt
Total	$51,111,234	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$7,698,561	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$10,444,894	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$9,744,382	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$8,553,598	CurrentTaxYearMinus1YearAmt
Current Tax Year	$14,669,799	CurrentTaxYearAmt
Total	$51,111,234	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$5,504,465	SubstantialContributorsTotAmt
Public Support Total170	$45,606,769	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$6,617,011	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$6,951,639	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$13,393,514	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$7,960,301	CurrentTaxYearMinus1YearAmt
Current Tax Year	$14,650,942	CurrentTaxYearAmt
Total	$49,573,407	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$77,195	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$79,060	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$90,100	CurrentTaxYearMinus2YearsAmt
Total	$246,355	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$100,930,996	TotalSupportAmt
Gross Receipts Rltd Activities	$1,187,904,249	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.45190	PublicSupportCY170Pct
Public Support PY170	0.43530	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, EXPLANATION OF OTHER INCOME:	FormAndLineReferenceDesc
Explanation	FUNDRAISING EVENTS - 2016 AMOUNT: $ 77,195. 2017 AMOUNT: $ 79,060. 2018 AMOUNT: $ 90,100. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 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

Field	Value	IRS element (for citing)
Volunteers	0	VolunteersInd
Paid Staff Or Management	0	PaidStaffOrManagementInd
Media Advertisements	0	MediaAdvertisementsInd
Mailings Members	0	MailingsMembersInd
Publications Or Broadcast	0	PublicationsOrBroadcastInd
Grants Other Organizations	0	GrantsOtherOrganizationsInd
Direct Contact Legislators	0	DirectContactLegislatorsInd
Rallies Demonstrations	0	RalliesDemonstrationsInd
Other Activities	Yes (1)	OtherActivitiesInd
Other Activities	$36	OtherActivitiesAmt
Total Lobbying Expenditures	$36	TotalLobbyingExpendituresAmt
Not Described Section501c3	0	NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART II-B, LINE 1:	FormAndLineReferenceDesc
Explanation	SCHEDULE C, PART II REPRESENTS THE PORTION OF ANNUAL DUES INVOLVED IN LOBBYING ACTIVITIES WHICH RELATES TO THE NATIONAL ASSOCIATION OF COLLEGE AND UNIVERSITY BUSINESS OFFICERS AND ITS AFFILIATES ("NACUBO"). THE AMOUNT IS NEGLIGIBLE. THIS REPRESENTS THE ONLY LOBBYING ACTIVITIES OF THE COLLEGE.	ExplanationTxt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$183,295,624	BeginningYearBalanceAmt
Contributions	$23,866,410	ContributionsAmt
Investment Earnings Or Losses	$59,889,154	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$7,424,962	GrantsOrScholarshipsAmt
End Year Balance	$259,626,226	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$180,509,388	BeginningYearBalanceAmt
Contributions	$2,805,692	ContributionsAmt
Investment Earnings Or Losses	$4,723,915	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$4,743,371	GrantsOrScholarshipsAmt
End Year Balance	$183,295,624	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$171,633,889	BeginningYearBalanceAmt
Contributions	$3,221,142	ContributionsAmt
Investment Earnings Or Losses	$10,248,986	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$4,594,629	GrantsOrScholarshipsAmt
End Year Balance	$180,509,388	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$161,079,646	BeginningYearBalanceAmt
Contributions	$2,599,143	ContributionsAmt
Investment Earnings Or Losses	$12,186,354	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$4,231,254	GrantsOrScholarshipsAmt
End Year Balance	$171,633,889	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$144,194,527	BeginningYearBalanceAmt
Contributions	$4,031,000	ContributionsAmt
Investment Earnings Or Losses	$16,915,119	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$4,061,000	GrantsOrScholarshipsAmt
End Year Balance	$161,079,646	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.72360	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.11410	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.16230	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$76,843,446	OtherCostOrOtherBasisAmt
Book Value	$76,843,446	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$923,377,718	OtherCostOrOtherBasisAmt
Depreciation	$248,419,819	DepreciationAmt
Book Value	$674,957,899	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$5,940,310	OtherCostOrOtherBasisAmt
Depreciation	$4,308,832	DepreciationAmt
Book Value	$1,631,478	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$34,446,933	OtherCostOrOtherBasisAmt
Depreciation	$30,729,928	DepreciationAmt
Book Value	$3,717,005	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$4,034,976	OtherCostOrOtherBasisAmt
Book Value	$4,034,976	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$761,184,804	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
CAPITAL LEASE OBLIGATIONS	$23,191,705
REFUNDABLE ADVANCES GOVT GRANT	$967,083

Field	Value	IRS element (for citing)
Total Liability	$24,158,788	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$292,839,177	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$50,175,088	NetUnrealizedGainsInvstAmt
Other Revenue	$24,889,846	OtherRevenueAmt
Revenue Not Reported	$75,064,934	RevenueNotReportedAmt
Revenue Subtotal	$217,774,243	RevenueSubtotalAmt
Investment Expenses Not Incld	$501,898	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	$57,420,257	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$57,922,155	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$275,696,398	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$218,288,536	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$979,356	OtherExpensesIncludedAmt
Expenses Not Reported	$979,356	ExpensesNotReportedAmt
Expenses Subtotal	$217,309,180	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$501,898	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$57,420,257	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$57,922,155	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$275,231,335	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART V, LINE 4:	ENDOWMENT FUNDS THE COLLEGE'S ENDOWMENT CONSISTS OF APPROXIMATELY 225 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING DONOR RESTRICTED ENDOWMENT FUNDS AND OTHERS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. THE PURPOSE OF THE COLLEGE'S ENDOWMENT IS TO SUPPORT THE EDUCATIONAL MISSION OF THE COLLEGE BY PROVIDING A RELIABLE SOURCE OF FUNDS FOR CURRENT AND FUTURE USE THROUGH QUARTERLY DRAWDOWNS. THE ENDOWMENT IS USED TO FUND SCHOLARSHIPS AND GRANTS AS WELL AS TO PROVIDE SUPPORT FOR PROGRAM SERVICES. UNDER THE COLLEGE'S CURRENT LONG-TERM INVESTMENT SPENDING POLICY, WHICH IS WITHIN THE GUIDELINES SPECIFIED UNDER STATE LAW, THE COLLEGE MAY SPEND UP TO 5% OF THE AVERAGE MARKET VALUE OF THE QUALIFYING ENDOWMENT INVESTMENT POOL AT THE END OF THE PREVIOUS FIVE CALENDAR YEARS.
PART X, LINE 2:	ASC 740 INCOME TAX FOOTNOTE THE COLLEGE IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED (THE "CODE"), AND IS GENERALLY EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. THE COLLEGE IS REQUIRED TO ASSESS UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT THERE WERE NO SUCH POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	RENTAL EXPENSES 978,856. MARLBORO TRANSACTION CONTRIBUTION 23,910,990.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	STUDENT AID - EMERSON SCHOLARSHIPS 57,420,257.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	RENTAL EXPENSES 978,856. FINANCIAL STATEMENT ROUNDING 500.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	STUDENT AID - EMERSON SCHOLARSHIPS 57,420,257.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (1)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (1)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (1)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (1)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (1)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (1)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	0	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	0	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	0	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	0	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	0	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	0	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	0	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (1)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	0	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (1)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

SCHEDULE E, PART I, LINE 3

THE COLLEGE'S NONDISCRIMINATORY POLICY IS AVAILABLE IN THE COLLEGE'S ADMISSION CATALOG AND THE COLLEGE'S WEBSITE. EMERSON COLLEGE ADMITS QUALIFIED STUDENTS REGARDLESS OF RACE, COLOR, RELIGIOUS BELIEFS, NATIONAL AND ETHNIC ORIGIN, SEX, SEXUAL ORIENTATION, GENDER IDENTITY, AGE, OR DISABILITY TO ALL OF THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE COLLEGE. EMERSON COLLEGE DOES NOT UNLAWFULLY DISCRIMINATE ON THE BASIS OF RACE, COLOR, RELIGIOUS BELIEFS, NATIONAL AND ETHNIC ORIGIN, SEX, SEXUAL ORIENTATION, GENDER IDENTITY, AGE, DISABILITY, OR ANY OTHER CATEGORY PROTECTED BY LAW IN THE ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSION POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, ATHLETIC PROGRAMS, OR OTHER COLLEGE-ADMINISTRATED PROGRAMS OR ACTIVITIES.

SCHEDULE E, PART I, LINE 6

THE COLLEGE PARTICIPATES IN A NUMBER OF FEDERAL FINANCIAL PROGRAMS FOR ITS STUDENTS WHO HAVE FILED A FAFSA AND ARE ELIGIBLE FOR FEDERAL FINANCIAL AID.

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)

RegionRegionTxt	OfficesOfficesCnt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
EUROPE (INCLUDING ICELAND & GREENLAND)	1	19	PROGRAM SERVICES	SEMESTER ABROAD CLASS	$1,600,067
CENTRAL AMERICA AND THE CARIBBEAN	0	0	INVESTMENTS		$43,017,601
EUROPE (INCLUDING ICELAND & GREENLAND)	0	0	GRANTMAKING		$186,431

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	19	SubtotalEmployeesCnt
Continuation Total Office	0	ContinuationTotalOfficeCnt
Continuation Total Employee	0	ContinuationTotalEmployeeCnt
Total Office	0	TotalOfficeCnt
Total Employee	19	TotalEmployeeCnt
Subtotal Spent	$44,804,099	SubtotalSpentAmt
Continuation Spent	$0	ContinuationSpentAmt
Total Spent	$44,804,099	TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp

Field	Value	IRS element (for citing)
Type Of Assistance	EMERSON COLLEGE FUNDED SCHOLARSHIPS	TypeOfAssistanceTxt
Region	EUROPE (INCLUDING ICELAND & GREENLAND)	RegionTxt
Recipient	22	RecipientCnt
Cash Grant	$186,431	CashGrantAmt
Non Cash Assistance	$0	NonCashAssistanceAmt

Field	Value	IRS element (for citing)
Transfer To Foreign Corp	0	TransferToForeignCorpInd
Interest In Foreign Trust	0	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (1)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	0	PassiveForeignInvestmestCoInd
Foreign Partnership	0	ForeignPartnershipInd
Boycott Countries	Yes (1)	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 2:	MONITORING THE USE OF GRANT FUNDS OUTSIDE THE U.S. EMERSON COLLEGE AWARDS INSTITUTIONAL FINANCIAL ASSISTANCE PRIMARILY ON THE BASIS OF DEMONSTRATED FINANCIAL NEED. COLLEGE MONITORING OF THE FUNDS INCLUDES DIRECTLY CREDITING AWARDS TO STUDENT ACCOUNTS WHICH ASSURES THAT FUNDS ARE USED FOR THE EDUCATIONAL PURPOSE INTENDED. ALL AID RECIPIENTS MUST MAINTAIN SATISFACTORY ACADEMIC PROGRESS AS OUTLINED IN THE EMERSON COLLEGE STUDENT HANDBOOK. STUDENTS RECEIVING FEDERAL AID MUST HAVE A MINIMUM OF A "C" (2.0) GRADE POINT AVERAGE BY THE END OF THEIR SECOND ACADEMIC YEAR. FINANCIAL AID RECIPIENTS MAY NOT BE IN DEFAULT ON ANY EDUCATION LOANS, OWE A REFUND ON ANY GRANT, OR DEMONSTRATE ANY UNWILLINGNESS TO REPAY AN EDUCATIONAL LOAN.
PART I, LINE 3:	GRANTMAKING EXPENDITURES FOR SCHOLARSHIPS ARE REPORTED IN COLUMN (F) AT THEIR BOOK VALUE. AMOUNTS SHOWN IN COLUMN (F) FOR INVESTMENTS ARE REPORTED AT THEIR FAIR MARKET VALUE. EXPENDITURES FOR THE SEMESTER ABROAD CLASSES ARE ACCOUNTED FOR UNDER THE ACCRUAL METHOD OF ACCOUNTING.
PART III ACCOUNTING METHOD:
PART IV FOREIGN FILING REQUIREMENTS:	THE COLLEGE HAS CERTAIN ALTERNATIVE INVESTMENTS THAT MAY HAVE TRANSFERS TO OR GENERATE OWNERSHIP INTERESTS IN FOREIGN COPRORATIONS OR PARTNERSHIPS. AS SUCH, SCHEDULE F PART IV REFLECTS THESE TRANSFERS AND INTERESTS. THE COLLEGE HAS REVIEWED THESE INVESTMENTS FOR ANY TRANSFERS OR INTERESTS THAT ARE REQUIRED TO BE FURTHER REPORTED ON FORMS 926, 5471, 8621, OR 8865.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Non Cash AssistanceNonCashAssistanceAmt
EMERSON COLLEGE FUNDED SCHOLARSHIPS	2976	$57,233,826	$0
HEERF STUDENT PASS THROUGH FUNDS (NOT INCLUDED IN THE SCHOLARSHIPS ABOVE)	989	$2,209,829

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	EMERSON COLLEGE AWARDS INSTITUTIONAL FINANCIAL ASSISTANCE PRIMARILY ON THE BASIS OF DEMONSTRATED FINANCIAL NEED. COLLEGE MONITORING OF THE FUNDS INCLUDES DIRECTLY CREDITING AWARDS TO THE STUDENT ACCOUNTS WHICH ASSURES THAT FUNDS ARE USED FOR THE EDUCATION PURPOSE INTENDED. ALL AID RECIPIENTS MUST MAINTAIN SATISFACTORY ACADEMIC PROGRESS AS OUTLINED IN THE EMERSON COLLEGE STUDENT HANDBOOK. STUDENTS RECEIVING FEDERAL AID MUST HAVE A MINIMUM OF A "C" (2.0) GRADE POINT AVERAGE BY THE END OF THEIR SECOND ACADEMIC YEAR. FINANCIAL AID RECIPIENTS MAY NOT BE IN DEFAULT ON ANY EDUCATION LOANS, OWE A REFUND ON ANY GRANT, OR DEMONSTRATE ANY UNWILLINGNESS TO REPAY AN EDUCATIONAL LOAN.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
First Class Or Charter Travel	Yes (X)	FirstClassOrCharterTravelInd
Idemnification Gross Up Pmts	Yes (X)	IdemnificationGrossUpPmtsInd
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Personal Services	Yes (X)	PersonalServicesInd
Written Policy Ref T And E Expnss	Yes (1)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (1)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	Yes (1)	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 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
M LEE PELTON
PRESIDENT/TRUSTEE (THRU 05/2021)	$647,233	$0	$0	$0	$107,805	$0	$25,838	$0	$130,681	$0	$911,557	$0	$0	$0
PAUL DWORKIS
VP FOR ADMINISTRATION AND FINANCE	$322,862	$0	$0	$0	$34,060	$0	$18,375	$0	$34,392	$0	$409,689	$0	$0	$0
MICHAELE WHELAN
PROVOST AND VP FOR ACADEMIC AFFAIRS	$331,440	$0	$0	$0	$3,354	$0	$18,380	$0	$11,552	$0	$364,726	$0	$0	$0
JOHN MALCOLM
VP FOR INSTITUTIONAL ADVANCEMENT	$331,809	$0	$0	$0	$3,354	$0	$0	$0	$10,199	$0	$345,362	$0	$0	$0
WILLIAM GILLIGAN
VP(THRU 12/20)/INT PRES(AS OF 6/21)	$256,500	$0	$0	$0	$34,138	$0	$19,257	$0	$2,232	$0	$312,127	$0	$0	$0
ALLISON SAMPSON
VP & EXEC. DIR., L.A. PROGRAM	$268,874	$0	$0	$0	$10,158	$0	$15,086	$0	$14,735	$0	$308,853	$0	$0	$0
CHRISTINE HUGHES THRU 102020
VP & GENERAL COUNSEL AND CLERK	$200,781	$0	$0	$0	$70,998	$0	$13,393	$0	$11,809	$0	$296,981	$0	$0	$0
RUTHANNE MADSEN
VP FOR ENROLLMENT MANAGEMENT	$266,905	$0	$0	$0	$11,139	$0	$14,858	$0	$3,229	$0	$296,131	$0	$0	$0
SYLVIA SPEARS
VP FOR EQUITY AND SOCIAL JUSTICE	$240,381	$0	$0	$0	$3,722	$0	$13,624	$0	$27,027	$0	$284,754	$0	$0	$0
ROBERT BUTLER
AVP FOR ADMINISTRATION AND FINANCE	$238,500	$0	$0	$0	$26,472	$0	$5,409	$0	$1,050	$0	$271,431	$0	$0	$0
MARGARET INGS THRU 062021
VP FOR GOVT & COMMUNITY RELATIONS	$228,656	$0	$0	$0	$6,974	$0	$12,600	$0	$1,049	$0	$249,279	$0	$0	$0
MEREDITH AINBINDER
VP AND GENERAL COUNSEL (AS OF 11/20)	$168,271	$0	$0	$0	$756	$0	$8,826	$0	$13,828	$0	$191,681	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART I, LINE 1A

FIRST CLASS TRAVEL THE PRESIDENT MAY TRAVEL VIA FIRST CLASS IN ORDER TO CARRY OUT HIS/HER DUTIES AS REQUIRED BY THE COLLEGE. THE PRESIDENT HAS THE AUTHORITY TO APPROVE FIRST CLASS TRAVEL FOR VICE PRESIDENTS WHEN WARRANTED AND WITH PRIOR APPROVAL. SUCH ACCOMMODATIONS FOR THE PRESIDENT AND VICE PRESIDENTS ARE NOT INCLUDED IN TAXABLE WAGES AS THEY ARE PROVIDED FOR THE BENEFIT OF THE COLLEGE. HOUSING AND PERSONAL SERVICES IN ACCORDANCE WITH COLLEGE POLICY AND INTERNAL REVENUE CODE SECTION 119, THE COLLEGE REQUIRES THE PRESIDENT TO LIVE IN A RESIDENCE OWNED BY THE COLLEGE AS A CONDITION OF EMPLOYMENT DURING HIS TENURE. THE PRESIDENTIAL RESIDENCE IS PROVIDED FOR THE CONVENIENCE OF THE COLLEGE AND EXTENSIVELY USED FOR BUSINESS OF THE COLLEGE. HOUSEKEEPING IS PROVIDED TO MAINTAIN THE APPEARANCE OF THE RESIDENCE FOR COLLEGE FUNCTIONS. THE VALUE OF THE PERSONAL USE OF THE HOME IS INCLUDED IN NON-TAXABLE BENEFITS REPORTED ON SCHEDULE J PART II COLUMN (D). THE VALUE OF THE HOME WAS BASED ON AN INDEPENDENT MARKET APPRAISAL. NO HIGHLY COMPENSATED INDIVIDUALS RECEIVED A TAXABLE HOUSING ALLOWANCE IN CALENDAR YEAR 2020. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS THE COLLEGE PROVIDED CERTAIN PAYMENTS TO EMPLOYEES REPORTED ON SCHEDULE J PART II THAT WERE GROSSED UP FOR TAX PURPOSES. THE BENEFIT WAS TREATED AS TAXABLE COMPENSATION AND REPORTED ON SCHEDULE J PART II COLUMN (B)(III).

PART I, LINE 4A

SEVERANCE PAYMENT WILLIAM GILLIGAN, VP FOR INFORMATION TECHNOLOGY, SIGNED A VOLUNTARY EARLY RETIREMENT PROGRAM AGREEMENT AND LEFT HIS POSITION IN DECEMBER 2020. MR. GILLIGAN WILL RECEIVE $412,650 TO BE PAID IN CALENDAR YEARS 2021 AND 2022. SUBSEQUENT TO HIS SIGNING THE AGREEMENT, MR. GILLIGAN AGREED TO REJOIN THE COLLEGE IN JUNE 2021 AS INTERIM PRESIDENT WHILE THE COLLEGE'S PRESIDENTIAL SEARCH COMMITTEE REVIEWS POTENTIAL CANDIDATES FOR THE PERMANENT ROLE. CHRISTINE HUGHES, VP AND GENERAL COUNSEL/CLERK, SIGNED A VOLUNTARY EARLY RETIREMENT PROGRAM AGREEMENT AND LEFT HER POSITION IN OCTOBER 2020. MRS. HUGHES WILL RECEIVE $156,985, OF WHICH $42,517 WAS PAID IN CALENDAR YEAR 2020 AND IS INCLUDED IN HER W-2 AND REPORTED ON SCHEDULE J PART II COLUMN B(III). SEVERANCE AGREEMENTS THE PRESIDENT'S EMPLOYMENT CONTRACT INCLUDES A SEVERANCE PROVISION THAT PROVIDES FOR THE LESSER OF TWO YEARS OF SALARY OR SALARY FOR THE REMAINDER OF HIS TERM. NO AMOUNTS WERE PAID UNDER THIS PROVISION DURING THE CALENDAR YEAR 2020. NOTE THAT PRESIDENT PELTON RESIGNED FROM EMERSON COLLEGE IN MAY 2021, AND NO SEVERANCE PAYMENTS WERE OBLIGATED TO BE PAID.

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
CMFA SERIES 2011
A	201563566	13048TMZ3	2011-12-08	$55,463,072	LOS ANGELES BUILDING	Yes (1)	0	0
MDFA SERIES 2015
B	043431814	57583U7F9	2015-05-14	$143,055,842	CONSTRUCTION OF DORM. & RENOV.	0	0	0
MDFA SERIES 2016A
C	043431814	57584XD57	2016-12-06	$204,166,939	RENOVATION OF DORM	0	0	0
MDFA SERIES 2017A
D	043431814	57584XU74	2017-09-14	$112,429,423	ADVANCE REFUND OF DEBT	0	0	0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCd	Bond DefeasedBondDefeasedAmt	Total ProceedsTotalProceedsAmt	Capitalized InterestCapitalizedInterestAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	Substantial CompletionSubstantialCompletionYr	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd	RetiredRetiredAmt	Other Spent ProceedsOtherSpentProceedsAmt
A	$52,400,000	$55,463,072	$4,837,952	$621,432	$50,003,688	2014	0	Yes (1)	Yes (1)
B		$143,055,842	$7,468,597	$892,053	$77,471,533	2017	Yes (1)	Yes (1)	Yes (1)	$11,950,000	$57,223,749
C		$204,166,939	$15,397,662	$1,185,722	$187,583,555	2019	0	Yes (1)	Yes (1)
D		$112,429,423		$846,841		2017	Yes (1)	Yes (1)	Yes (1)		$111,582,582

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Any Research AgreementsAnyResearchAgreementsInd	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	0	0	0	0	0	0	Yes (1)
B	0	0	0	0	0	0	Yes (1)
C	0	0	0	0	0	0	Yes (1)
D	0	0	0	0	0	0	Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCd	Rebate Not Due YetRebateNotDueYetInd	No Rebate DueNoRebateDueInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A	0	Yes (1)	Yes (1)
B	0	Yes (1)	Yes (1)
C	Yes (1)	Yes (1)	Yes (1)
D	Yes (1)	Yes (1)	Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (1)
B	Yes (1)
C	Yes (1)
D	Yes (1)

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART I, COLUMN F:

THE SERIES 2015 BONDS WERE ISSUED TO REFUND THE COLLEGE'S OUTSTANDING SERIES 2006 DEBT AS WELL AS FINANCE THE CONSTRUCTION OF THE 2 BOYLSTON PLACE DORMITORY. THE SERIES 2017A BONDS WERE ISSUED TO ADVANCE REFUND THE SERIES 2010A DEBT, AND THE COLLEGE FULLY DEFEASED THE REMAINDER OF THE SERIES 2010A ISSUANCE USING OPERATING CASH DURING FISCAL 2018. THE SERIES 2017B BONDS WERE ISSUED TO ADVANCE REFUND SERIES 2011 DEBT.

PART IV, LINE 2C:

FOR THE SERIES 2011 ISSUANCE, THE REBATE CALCULATION WAS PERFORMED AS OF JUNE 30, 2017. FOR THE SERIES 2015 ISSUANCE, THE REBATE CALCULATION WAS PERFORMED AS OF JUNE 30, 2018. FOR THE SERIES 2016A AND SERIES 2017A ISSUANCES, THE REBATE CALCULATION WAS PERFORMED AS OF JUNE 30, 2020. FOR THE SERIES 2017 AND SERIES 2018 ISSUANCES, THE REBATE CALCULATION WAS PERFORMED AS OF JUNE 30, 2021. FOR ALL REBATE CALCULATIONS PERFORMED, NO REBATE WAS DUE.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
CMFA SERIES 2017B
A	201563466	13048T6J7	2017-09-19	$62,717,607	ADVANCE REFUND OF DEBT	0	0	0
MDFA SERIES 2018
B	043431814	57584YFK0	2018-04-11	$24,367,428	WORKING CAPITAL	0	0	0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCd	Total ProceedsTotalProceedsAmt	Refunding EscrowRefundingEscrowAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Other Spent ProceedsOtherSpentProceedsAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd	Capital ExpendituresCapitalExpendituresAmt
A	$62,717,607	$55,416,465	$523,293	$6,777,849	2017	0	Yes (1)	Yes (1)	Yes (1)
B	$24,367,428		$367,428		2018	0	0	Yes (1)	Yes (1)	$24,000,000

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Any Research AgreementsAnyResearchAgreementsInd	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	0	0	0	0	0	0	Yes (1)
B	0	0	0	0	0	0	Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 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	0	Yes (1)	0	Yes (1)	0	0	0	0	Yes (1)
B	0	Yes (1)	0	Yes (1)	0	0	0	0	Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (1)
B	Yes (1)

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Field	Value	IRS element (for citing)
Person	JORDAN C WILSON PELTON	PersonNm

Field	Value	IRS element (for citing)
Relationship Description	DAUGHTER BOARD MEM.	RelationshipDescriptionTxt
Transaction	$38,102	TransactionAmt
Transaction	EMERSON EMPLOYEE	TransactionDesc
Sharing Of Revenues	0	SharingOfRevenuesInd

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	7	ContributionCnt
Noncash Contributions Rpt F990	$602,432	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FAIR MARKET VALUE	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Form8283 Received	2	Form8283ReceivedCnt
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (1)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	0	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, COLUMN (B):	FormAndLineReferenceDesc
Explanation	AMOUNTS IN COLUMN (B) REPRESENT THE NUMBER OF CONTRIBUTIONS RECEIVED.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART I, LINE 6:	THE COLLEGE IDENTIFIED THE AREAS AND DEPARTMENTS THAT USE VOLUNTEERS DURING THE TAX YEAR. THESE DEPARTMENTS WERE ASKED TO ESTIMATE THE NUMBER OF VOLUNTEERS USED FOR THE VARIOUS PROGRAMS. THE TYPES OF SERVICES PROVIDED BY THESE VOLUNTEERS INCLUDE PHONE-A-THONS, ORIENTATION, CAMPUS TOUR GUIDES, AND INFORMATION SESSIONS. THE NUMBER DOES NOT INCLUDE EMPLOYEES.
FORM 990, PART V, LINE 1A:	THE NUMBER FROM 2020 FORM 1096 BOX 3 INCLUDES 5,804 FORMS 1098-T.
FORM 990, PART VI, SECTION A, LINE 1	EXECUTIVE COMMITTEE THE BYLAWS DELEGATES GENERAL SUPERVISION OF THE ADMINISTRATION AND PROPERTY OF THE COLLEGE TO AN EXECUTIVE COMMITTEE IN BETWEEN MEETINGS OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE CONSISTS OF THE OFFICERS OF THE BOARD, THE PRESIDENT, AND A TRUSTEE ELECTED BY THE CHAIR. IN ADDITION TO GENERAL SUPERVISION BETWEEN BOARD MEETINGS, THE EXECUTIVE COMMITTEE HAS AUTHORITY TO APPROVE THE APPOINTMENT OF VICE PRESIDENTS AND DEANS OF SCHOOLS PROPOSED BY THE PRESIDENT OF THE COLLEGE, EXERCISE GENERAL OVERSIGHT OVER HUMAN RESOURCES POLICIES, AND APPOINT ACTING TREASURER AND/OR ACTING SECRETARY UNTIL THE NEXT ANNUAL MEETING.
FORM 990, PART VI, SECTION A, LINE 2	BUSINESS RELATIONSHIPS DURING THE FISCAL YEAR ENDED JUNE 30, 2021, TRUSTEES ERIC ALEXANDER AND MARC REINGANUM HAD A BUSINESS RELATIONSHIP WITH ONE ANOTHER.
FORM 990, PART VI, SECTION A, LINE 4	SIGNIFICANT CHANGES TO BYLAWS IN OCTOBER 2020, EMERSON COLLEGE AMENDED ITS BYLAWS TO REFINE DISCUSSION TOPICS FOR SPECIAL MEETINGS OF THE BOARD OF TRUSTEES. NOW, SPECIAL MEETINGS OF THE BOARD OF TRUSTEES MAY BE HELD AT ANY TIME AND AT ANY PLACE WHEN CALLED BY THE CHAIR, THE PRESIDENT OF EMERSON COLLEGE, OR BY ONE OR MORE TRUSTEES ANY DISCUSSIONS MAY BE HELD ON ANY TOPIC. FURTHER, TRUSTEES MUST BE GIVEN TWO DAY'S ADVANCE NOTICE OF A MEETING, RATHER THAN THE PREVIOUS FIVE DAY'S NOTICE. ALSO, IN THE EVENT OF AN EMERGENCY AS DETERMINED BY AT LEAST FIVE TRUSTEES, RATHER THAN TWO-THIRDS OF TRUSTEES IN OFFICE, 24 HOURS NOTICE MUST BE GIVEN FOR A MEETING TO TAKE PLACE, RATHER THAN 48 HOURS.
FORM 990, PART VI, SECTION B, LINE 11B	FORM 990 REVIEW PROCESS THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM WITH INFORMATION PROVIDED BY MANAGEMENT. A DRAFT FORM 990 IS GIVEN TO THE AUDIT COMMITTEE FOR THEIR REVIEW. DURING THIS REVIEW, QUESTIONS REGARDING THE DRAFT FORM 990 ARE ANSWERED BY MANAGEMENT. CHANGES ARE MADE IF APPROPRIATE. THE FORM 990 IS THEN PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY BY WAY OF A SECURE, PASSWORD PROTECTED WEBSITE ON WHICH THE ENTIRE FORM 990 AND ALL REQUIRED SCHEDULES ARE AVAILABLE FOR REVIEW. ALL TRUSTEES ARE ASKED TO REVIEW THE FILING AND FORWARD ANY COMMENTS TO MANAGEMENT FOR CONSIDERATION AND DISCUSSION IF NECESSARY WITH THE INDEPENDENT TAX RETURN PREPARER. AT THE END OF THE REVIEW PERIOD, THE FINAL RETURN, AS IT WILL BE FILED WITH THE IRS, IS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12C	CONFLICT OF INTEREST POLICY THE BY-LAWS OF THE BOARD OF TRUSTEES CONTAIN A WRITTEN CONFLICT OF INTEREST POLICY. OFFICERS AND MEMBERS OF THE BOARD ANNUALLY ACKNOWLEDGE RECEIPT OF, AND FAMILIARITY WITH, THE POLICY. WHEN AN INDIVIDUAL DISCLOSES A POSSIBLE CONFLICT OF INTEREST, OR WHEN A POSSIBLE CONFLICT IS OTHERWISE IDENTIFIED, IT IS REFERRED TO THE PRESIDENT OF THE COLLEGE AND THE CHAIR OF THE BOARD OF TRUSTEES. THE CHAIR REVIEWS THE POSSIBLE CONFLICT OF INTEREST AND, IF WARRANTED, SELECTS AN AD HOC COMMITTEE TO REVIEW THE POSSIBLE CONFLICT OF INTEREST. THE PRESIDENT AND THE VICE PRESIDENT AND GENERAL COUNSEL OF THE COLLEGE PREPARE A MEMORANDUM DESCRIBING THE POTENTIAL CONFLICT OF INTEREST THAT IS SENT TO THE MEMBERS OF THE AD HOC COMMITTEE. THE MEMBERS OF THE AD HOC COMMITTEE MEET AND DETERMINE WHETHER TO PERMIT THE POTENTIAL CONFLICT OF INTEREST. IF THE TRUSTEE HAS A CONFLICT, THEY MUST RECUSE THEMSELVES FROM ANY COMMITTEES TASKED WITH MAKING A DECISION ON THE TOPIC WHERE THEY HAVE A CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15	COMPENSATION REVIEW DURING FISCAL YEAR 2017, THE COLLEGE REVIEWED AND REVISED THE COMPENSATION PAID TO ALL ITS OFFICERS AND KEY EMPLOYEES. THE COLLEGE WAS ASSISTED THROUGHOUT THE PROCESS BY INDEPENDENT OUTSIDE COUNSEL. VICE PRESIDENT COMPENSATION RECOMMENDATIONS ARE MADE BY THE PRESIDENT AND REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. AFTER DISCUSSION, THE COMMITTEE APPROVES RECOMMENDED COMPENSATION TO BE SUBMITTED TO THE FULL BOARD OF TRUSTEES. THE PRESIDENT AND VICE PRESIDENT COMPENSATIONS ARE THEN CONSIDERED AT A MEETING OF THE FULL BOARD OF TRUSTEES. AFTER DISCUSSION, THE BOARD OF TRUSTEES APPROVE COMPENSATION TERMS FOR THE PRESIDENT AND EACH VICE PRESIDENT. AT THE MEETINGS OF BOTH THE COMPENSATION COMMITTEE AND THE BOARD OF TRUSTEES, IT IS FIRST DETERMINED THAT NO MEMBER OF THE COMMITTEE OR BOARD HAS A CONFLICT OF INTEREST. THEN, THE COMMITTEE AND BOARD CONSIDER THE RESPONSIBILITIES OF EACH POSITION, THE COLLEGE'S NEEDS AND EXPECTATIONS WITH RESPECT TO EACH POSITION, THE JOB PERFORMANCE OF EACH VICE PRESIDENT AND THE PRESIDENT, THE FINANCIAL HEALTH OF THE COLLEGE, AND COMPREHENSIVE COMPARABLE DATA PROVIDED BY AN INDEPENDENT NATIONAL COMPENSATION CONSULTING FIRM. THE ABOVE PROCESS, INCLUDING IDENTIFICATION OF THE BOARD MEMBERS WHO WERE PRESENT AND APPROVED THE COMPENSATION, WAS DOCUMENTED IN THE MINUTES OF THE BOARD OF TRUSTEES MEETING. THESE MINUTES WERE THEN APPROVED AT THE NEXT BOARD OF TRUSTEES MEETING. AS DESCRIBED, THE COMPENSATION PROCEDURES OF THE COLLEGE MEET THE REQUIREMENTS OF THE REBUTTABLE PRESUMPTION.
FORM 990, PART VI, SECTION C, LINE 19	PUBLIC INSPECTION EMERSON COLLEGE MAKES AVAILABLE FORM 990 ON ITS WEBSITE, AND FORM 990-T UPON REQUEST. DURING THE YEAR, THE COLLEGE RECEIVES REGULAR REQUESTS FOR THE TAX DOCUMENTS AND THESE REQUESTS ARE NORMALLY FULFILLED WITHIN A DAY. THE COLLEGE MAKES AVAILABLE ITS GOVERNING DOCUMENTS (BY-LAWS) ON THE COLLEGE'S WEBSITE. THE COLLEGE MAKES AVAILABLE ON ITS WEBSITE ITS CONFLICT OF INTEREST POLICY AND ITS FINANCIAL STATEMENTS.
FORM 990, PART XI, LINE 9:	MARLBORO TRANSACTION CONTRIBUTION 23,910,990.
IMPACT OF THE COVID-19 PANDEMIC:	ON MARCH 10, 2020, COMMONWEALTH OF MASSACHUSETTS GOVERNOR CHARLIE BAKER DECLARED A STATE OF EMERGENCY IN RESPONSE TO THE COVID-19 CORONAVIRUS ("COVID-19") PANDEMIC. DURING THE YEAR ENDED JUNE 30, 2021, THE COLLEGE CONTINUED TO INCUR COVID-19 RELATED EXPENSES. THESE INCLUDE, BUT ARE NOT LIMITED TO, $5,030,640 FOR SPACE RENTALS AT NEARBY HOTELS TO DEDENSIFY THE CAMPUS, AS WELL AS $3,388,000 TO TEST STUDENTS, FACULTY, AND STAFF FOR THE VIRUS. AS PART OF THE HIGHER EDUCATION EMERGENCY RELIEF FUND (HEERF) PROGRAM, THE COLLEGE PROVIDED FINANCIAL ASSISTANCE TO STUDENTS IN NEED AND USED THE INSTITUTIONAL PORTION OF FUNDS AWARDED TO DEFRAY COVID-19 RELATED COSTS INCURRED.