PRATT INSTITUTE: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: PRATT INSTITUTE (EIN 11-1630822)
Tax period: 2019-07-01 to 2020-06-30
Filed: 2021-05-12
IRS object ID: 202131329349301028
Schema version: 2019v5.1
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 O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-05-12T07:58:40-05:00	ReturnTs
Tax Period End	2020-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

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	757 THIRD AVENUE 3RD FLOOR	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	100172013	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2019-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	111630822	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Pratt Institute	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
In Care Of	% THOMAS NAWABI	InCareOfNm
Business Name Control	PRAT	BusinessNameControlTxt
Phone	7186363600	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	200 Willoughby Ave	AddressLine1Txt
City	Brooklyn	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11205	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	CATHLEEN KENNY	PersonNm
Person Title	VP OF FINANCE/ADMIN	PersonTitleTxt
Phone	7183994202	PhoneNum
Signature	2021-05-11	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	SCOTT THOMPSETT	PreparerPersonNm
PTIN	P00741490	PTIN
Phone	2125990100	PhoneNum

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	FRANCES BRONET	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	200 Willoughby Ave	AddressLine1Txt
City	Brooklyn	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11205	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$294,201,181	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	www.pratt.edu	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1887	FormationYr
Legal Domicile State	NY	LegalDomicileStateCd
Activity Or Mission	THE MISSION OF PRATT INSTITUTE IS TO EDUCATE ARTISTS AND CREATIVE PROFESSIONALS TO BE RESPONSIBLE CONTRIBUTORS TO SOCIETY. FOR MORE INFORMATION, SEE SCHEDULE O.	ActivityOrMissionDesc
Voting Members Governing Body	24	VotingMembersGoverningBodyCnt
Voting Members Independent	20	VotingMembersIndependentCnt
Total Employee	4278	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$225,699	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$15,006,966	PYContributionsGrantsAmt
CY Contributions Grants	$11,013,321	CYContributionsGrantsAmt
PY Program Service Revenue	$262,851,529	PYProgramServiceRevenueAmt
CY Program Service Revenue	$264,767,890	CYProgramServiceRevenueAmt
PY Investment Income	$16,243,666	PYInvestmentIncomeAmt
CY Investment Income	$8,006,106	CYInvestmentIncomeAmt
PY Other Revenue	$2,330,101	PYOtherRevenueAmt
CY Other Revenue	$1,635,945	CYOtherRevenueAmt
PY Total Revenue	$296,432,262	PYTotalRevenueAmt
CY Total Revenue	$285,423,262	CYTotalRevenueAmt
PY Grants And Similar Paid	$62,791,492	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$65,787,387	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$136,819,973	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$143,726,956	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$68,131	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$2,309,238	CYTotalFundraisingExpenseAmt
PY Other Expenses	$70,848,105	PYOtherExpensesAmt
CY Other Expenses	$69,410,023	CYOtherExpensesAmt
PY Total Expenses	$270,527,701	PYTotalExpensesAmt
CY Total Expenses	$278,924,366	CYTotalExpensesAmt
PY Revenues Less Expenses	$25,904,561	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$6,498,896	CYRevenuesLessExpensesAmt
Total Assets BOY	$705,331,204	TotalAssetsBOYAmt
Total Assets EOY	$710,606,804	TotalAssetsEOYAmt
Total Liabilities BOY	$294,705,816	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$272,782,899	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$410,625,388	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$437,823,905	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	THE MISSION OF PRATT INSTITUTE IS TO EDUCATE ARTISTS AND CREATIVE PROFESSIONALS TO BE RESPONSIBLE CONTRIBUTORS TO SOCIETY. FOR MORE INFORMATION, SEE SCHEDULE O.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$154,959,722	ExpenseAmt
Grant	$65,254,119	GrantAmt
Revenue	$245,770,099	RevenueAmt
Desc	INSTRUCTION: PRATT INSTITUTE IS A COEDUCATIONAL PRIVATE INSTITUTION CHARTERED AND EMPOWERED TO CONFER ACADEMIC DEGREES BY THE BOARD OF REGENTS OF NYS. THE CERTIFICATES AND DEGREES CONFERRED ARE REGISTERED BY THE NYS DEPARTMENT OF EDUCATION. PRATT IS ACCREDITED BY THE COMMISSION ON HIGHER EDUCATION OF THE MIDDLE STATES ASSOCIATION OF COLLEGES AND SCHOOLS. (SEE CONTINUATION IN SCHEDULE O)	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$30,826,804	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$0	RevenueAmt
Desc	ACADEMIC SUPPORT: INCLUDES ALL EXPENSES INCURRED IN SUPPORT OF ACADEMIC AND INSTRUCTIONAL PROGRAMS AS WELL AS RESEARCH, LIBRARY AND INFORMATION TECHNOLOGY SERVICES. PRATT LIBRARIES PROVIDE OUTSTANDING SERVICES AND ACCESS TO A RESOURCE-RICH ENVIRONMENT THAT FACILITATES CRITICAL THINKING AND CREATIVE TEACHING AND LEARNING IN THE PRATT COMMUNITY. PRATT ALSO OFFERS ONGOING SUPPORT AND INITIATIVES THROUGH THE WRITING AND TUTORIAL CENTER, INTENSIVE ENGLISH PROGRAM AND WRITING ACROSS THE CURRICULUM. (SEE CONTINUATION IN SCHEDULE O)	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$26,761,406	ExpenseAmt
Grant	$533,268	GrantAmt
Revenue	$16,785,704	RevenueAmt
Desc	AUXILIARY ENTERPRISES: THE RESIDENTIAL LIFE AND STUDENT HOUSING EXPENDITURES ARE REPORTED UNDER AUXILIARY ENTERPRISES. ITS MISSION IS TO EFFICIENTLY AND EFFECTIVELY ADMINISTER A HOUSING PROGRAM IN A LEARNING CENTERED ENVIRONMENT THAT CHALLENGES AND SUPPORTS STUDENTS TO 1) ENHANCE SELF-UNDERSTANDING 2) VALUE COMMUNITY RESPONSIBILITY AND 3) LEARN FROM THEIR EXPERIENCES. THE POLICIES, PROCEDURES AND PROGRAMS ESTABLISHED AND ENCOURAGED BY RESIDENTIAL LIFE ARE THOSE WHICH ENHANCE STUDENT LEARNING AND INVOLVEMENT OUTSIDE THE CLASSROOM. (SEE CONTINUATION IN SCHEDULE O)	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (3 entries)

ExpenseExpenseAmt	GrantGrantAmt	RevenueRevenueAmt	DescDesc
$22,128,570	$0	$1,986,388	Student Services & Public Service
$3,492,786	$0	$0	Public Service
			(See Continuation in Schedule O)

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$25,621,356	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant	$0	TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue	$1,986,388	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$238,169,288	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	Yes (true)	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	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	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	Yes (true)	SchoolOperatingInd
Foreign Office	Yes (true)	ForeignOfficeInd
Foreign Activities	Yes (true)	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	Yes (true)	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	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	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	508	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	4278	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	false	ForeignFinancialAccountInd
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	24	GoverningBodyVotingMembersCnt
Independent Voting Member	20	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	false	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	NY	StatesWhereCopyOfReturnIsFldCd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	THOMAS NAWABI	PersonNm
Phone	7186363523	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	200 WILLOUGHBY AVE	AddressLine1Txt
City	BROOKLYN	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11205	ZIPCd

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	Yes (X)	InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (33 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	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
FRANCES BRONET
PRESIDENT AND TRUSTEE	35.0	0.0	Yes (X)	Yes (X)	$797,050	$0	$192,056
THOMAS F SCHUTTE
FORMER OFFICER	0.0	0.0			$426,409	$0	$0	Yes (X)
KIRK E PILLOW
PROVOST	35.0	0.0		Yes (X)	$360,151	$0	$47,665
CATHLEEN M KENNY
VP FOR FINANCE AND ADMIN	35.0	0.0		Yes (X)	$336,620	$0	$55,022
JUDITH AARON
VP FOR ENROLLMENT	35.0	0.0			$287,322	$0	$29,750		Yes (X)
Daphne R Halpern
VP of Instl Advancement	35.0	0.0			$313,827	$0	$0		Yes (X)
JOSEPH M HEMWAY
VP OF IT AND CIO	35.0	0.0			$252,882	$0	$25,451		Yes (X)
ANITA COONEY
DEAN OF SCHOOL OF DESIGN	35.0	0.0			$248,520	$0	$26,500		Yes (X)
DONNA HEILAND
ASSOC. PROVOST	35.0	0.0			$244,916	$0	$24,370		Yes (X)
Richard A Sarrach
Faculty Trustee (As of 07/19)	1.0	0.0	Yes (X)		$169,666	$0	$48,698
Donna Moran
Faculty Trustee (As of 07/19)	1.0	0.0	Yes (X)		$108,304	$0	$15,200
Devin M Alexander
UG Stud Trustee (as of 07/19)	1.0	0.0	Yes (X)		$4,815	$0	$0
BRUCE J GILTIN
CHAIR OF THE BOARD	1.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
MIKE PRATT
VICE CHAIR OF THE BOARD	1.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
GARY S HATTEM
TRUSTEE(THRU 07/19)/VICE CHAIR	1.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
DR JOSHUA L SMITH
SECRETARY	1.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
HOWARD S STEIN
TREASURER	1.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
ANNE E EDWARDS
trustee (thru 07/19)/secretary	1.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
KURT ANDERSEN
TRUSTEE	1.0	0.0	Yes (X)		$0	$0	$0
KATHRYN C CHENAULT
TRUSTEE	1.0	0.0	Yes (X)		$0	$0	$0
JUNE KELLY
TRUSTEE	1.0	0.0	Yes (X)		$0	$0	$0
KATHARINE L MCKENNA
TRUSTEE	1.0	0.0	Yes (X)		$0	$0	$0
DAVID O PRATT
TRUSTEE	1.0	0.0	Yes (X)		$0	$0	$0
STAN RICHARDS
TRUSTEE	1.0	0.0	Yes (X)		$0	$0	$0
CHRISTOPHER D SHYER
TRUSTEE	1.0	0.0	Yes (X)		$0	$0	$0
MARK D STUMER
TRUSTEE	1.0	0.0	Yes (X)		$0	$0	$0
ANNE H VAN INGEN
TRUSTEE	1.0	0.0	Yes (X)		$0	$0	$0
MICHAEL ZETLIN
TRUSTEE	1.0	0.0	Yes (X)		$0	$0	$0
JONELL A JOSHUA
REC. GRAD TRUSTEE (thru 10/19)	1.0	0.0	Yes (X)		$0	$0	$0
William Hilson
Trustee (As of 10/19)	1.0	0.0	Yes (X)		$0	$0	$0
Dr Joan Fallon
Trustee (As of 12/19)	1.0	0.0	Yes (X)		$0	$0	$0
Aeli Gonzalez Gladstein
Grad Stud Trust. (as of 07/19)	1.0	0.0	Yes (X)		$0	$0	$0
Chanice Hughes-Greenberg
REC GRAD TrusTEE (AS OF 07/19)	1.0	0.0	Yes (X)		$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$3,550,482	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$464,712	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	185	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
TISHMAN CONSTRUCTION CORP
100 PARK AVENUE 5TH FL	NEW YORK	NY	10017	CONSTRUCTION	$23,695,970
SAFE ENVIRONMENT BUSINESS
8 REVOLUTIONARY ROAD	OSSINING	NY	10562	SECURITY	$2,524,543
ALLIED WORKS ARCHITECTURE
1532 SW MORRISON STREET 3RD FL	PORTLAND	OR	97205	ARCHITECTS	$1,458,733
SHAWMUT DESIGN AND CONSTRUCTION
560 HARRISON AVENUE	BOSTON	MA	02118	CONSTRUCTION	$1,203,477
SJC CONSTRUCTON COMPANY INC
271 SKIP LANE	BAYSHORE	NY	11706	CONSTRUCTION	$979,062

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	91	CntrctRcvdGreaterThan100KCnt
Fundraising	$393,153	FundraisingAmt
Government Grants	$5,874,031	GovernmentGrantsAmt
All Other Contributions	$4,746,137	AllOtherContributionsAmt
Noncash Contributions	$15,000	NoncashContributionsAmt
Total Contributions	$11,013,321	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
TUITION & FEES	900099	$245,770,099	$245,770,099
AUXILIARY ENTERPRISES	451211	$17,011,403	$16,785,704	$225,699
RELATED STUDENT ACCOUNT REVENUES	900099	$1,665,623	$1,665,623
OTHER PROGRAM RELATED REVENUE	900099	$320,765	$320,765

Field	Value	IRS element (for citing)
Total Program Service Revenue	$264,767,890	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$4,489,260	TotalRevenueColumnAmt
Exclusion	$4,489,260	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$10,920	TotalRevenueColumnAmt
Exclusion	$10,920	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$595,609	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$201,524	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$394,085	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$394,085	TotalRevenueColumnAmt
Exclusion	$394,085	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$11,933,797	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$8,416,951	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$3,516,846	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,516,846	TotalRevenueColumnAmt
Exclusion	$3,516,846	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$45,475	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$393,153	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$159,444	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$113,969	TotalRevenueColumnAmt
Exclusion	-$113,969	ExclusionAmt

Field	Value	IRS element (for citing)
Gaming Gross Income	$0	GamingGrossIncomeAmt
Gaming Direct Expenses	$0	GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$0	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$0	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	ExclusionExclusionAmt
BOND PREMIUM	900099	$568,166	$568,166
REBATE/COMMISSION	900099	$348,880	$348,880
OTHER MISC. REVENUES	900099	$427,863	$427,863

Field	Value	IRS element (for citing)
Other Revenue Total	$1,344,909	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$285,423,262	TotalRevenueColumnAmt
Related Or Exempt Func Income	$264,542,191	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$225,699	UnrelatedBusinessRevenueAmt
Exclusion	$9,642,051	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$65,787,387	TotalAmt
Program Services	$65,787,387	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$2,066,628	TotalAmt
Program Services	$1,756,634	ProgramServicesAmt
Management And General	$309,994	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$229,515	TotalAmt
Management And General	$229,515	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$104,252,594	TotalAmt
Program Services	$89,052,404	ProgramServicesAmt
Management And General	$13,683,796	ManagementAndGeneralAmt
Fundraising	$1,516,394	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$3,519,093	TotalAmt
Program Services	$2,839,383	ProgramServicesAmt
Management And General	$679,710	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$25,972,716	TotalAmt
Program Services	$21,300,636	ProgramServicesAmt
Management And General	$4,672,080	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$7,686,410	TotalAmt
Program Services	$6,206,835	ProgramServicesAmt
Management And General	$1,479,575	ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$375,636	TotalAmt
Management And General	$375,636	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$167,664	TotalAmt
Management And General	$167,664	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$202,080	TotalAmt
Management And General	$202,080	ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$1,006,794	TotalAmt
Management And General	$1,006,794	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$10,393,570	TotalAmt
Program Services	$4,951,436	ProgramServicesAmt
Management And General	$4,975,120	ManagementAndGeneralAmt
Fundraising	$467,014	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$3,475,323	TotalAmt
Program Services	$2,432,967	ProgramServicesAmt
Management And General	$867,287	ManagementAndGeneralAmt
Fundraising	$175,069	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$10,573,988	TotalAmt
Program Services	$7,587,215	ProgramServicesAmt
Management And General	$2,942,283	ManagementAndGeneralAmt
Fundraising	$44,490	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$1,150,688	TotalAmt
Program Services	$914,855	ProgramServicesAmt
Management And General	$172,729	ManagementAndGeneralAmt
Fundraising	$63,104	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$4,680,909	TotalAmt
Program Services	$4,466,807	ProgramServicesAmt
Management And General	$213,515	ManagementAndGeneralAmt
Fundraising	$587	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$1,116,521	TotalAmt
Program Services	$909,299	ProgramServicesAmt
Management And General	$186,716	ManagementAndGeneralAmt
Fundraising	$20,506	FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$238,077	TotalAmt
Program Services	$183,226	ProgramServicesAmt
Management And General	$48,281	ManagementAndGeneralAmt
Fundraising	$6,570	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$5,567,393	TotalAmt
Program Services	$5,226,790	ProgramServicesAmt
Management And General	$340,603	ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$12,871,460	TotalAmt
Program Services	$11,870,210	ProgramServicesAmt
Management And General	$1,001,250	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$1,251,371	TotalAmt
Program Services	$446	ProgramServicesAmt
Management And General	$1,250,925	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
SPECIAL EVENTS & ENTERTAIN.	$3,453,028	$3,049,032	$392,928	$11,068
MEAL PLAN COST	$3,334,021	$3,334,021	$0	$0
REPAIRS AND MAINTENANCE	$2,381,269	$2,096,056	$284,555	$658
EQUIPMENT EXPENSE	$2,085,551	$1,666,103	$415,670	$3,778

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$5,084,680	TotalAmt
Program Services	$2,537,546	ProgramServicesAmt
Management And General	$2,547,134	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$278,924,366	TotalAmt
Program Services	$238,169,288	ProgramServicesAmt
Management And General	$38,445,840	ManagementAndGeneralAmt
Fundraising	$2,309,238	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$17,922,801	BOYAmt
EOY	$7,533,973	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$59,174,382	BOYAmt
EOY	$16,588,519	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$4,413,638	BOYAmt
EOY	$5,498,307	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$2,924,149	BOYAmt
EOY	$4,318,450	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

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

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

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

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$11,537,571	BOYAmt
EOY	$10,497,178	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

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

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$1,940,879	BOYAmt
EOY	$1,435,051	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$503,263,868	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$180,827,400	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$318,776,179	BOYAmt
EOY	$322,436,468	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$234,187,231	BOYAmt
EOY	$287,721,697	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$54,454,374	BOYAmt
EOY	$54,577,161	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

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

Intangible Assets IntangibleAssetsGrp

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

Other Assets Total OtherAssetsTotalGrp

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

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$705,331,204	BOYAmt
EOY	$710,606,804	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$26,416,501	BOYAmt
EOY	$23,558,395	EOYAmt

Grants Payable GrantsPayableGrp

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

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$9,876,116	BOYAmt
EOY	$9,201,055	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$132,763,376	BOYAmt
EOY	$129,566,569	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

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

Loans From Officers Directors LoansFromOfficersDirectorsGrp

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

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

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

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$11,088,871	BOYAmt
EOY	$10,657,905	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$114,560,952	BOYAmt
EOY	$99,798,975	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$294,705,816	BOYAmt
EOY	$272,782,899	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	$309,095,674	BOYAmt
EOY	$333,711,572	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$101,529,714	BOYAmt
EOY	$104,112,333	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$410,625,388	BOYAmt
EOY	$437,823,905	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$705,331,204	BOYAmt
EOY	$710,606,804	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$6,498,896	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$4,985,688	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$15,713,933	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	Yes (true)	AccountantCompileOrReviewInd
Acct Compile Or Review Basis		AcctCompileOrReviewBasisGrp
FS Audited	Yes (true)	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 (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	$11,275,838	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$10,240,674	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$8,523,103	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$15,006,966	CurrentTaxYearMinus1YearAmt
Current Tax Year	$11,013,321	CurrentTaxYearAmt
Total	$56,059,902	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	$11,275,838	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$10,240,674	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$8,523,103	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$15,006,966	CurrentTaxYearMinus1YearAmt
Current Tax Year	$11,013,321	CurrentTaxYearAmt
Total	$56,059,902	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$5,201,549	SubstantialContributorsTotAmt
Public Support Total170	$50,858,353	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,698,849	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$9,608,989	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$4,469,187	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$7,697,538	CurrentTaxYearMinus1YearAmt
Current Tax Year	$5,095,789	CurrentTaxYearAmt
Total	$29,570,352	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$4,260,001	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$4,332,853	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$5,141,336	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,448,733	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,390,384	CurrentTaxYearAmt
Total	$17,573,307	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$103,203,561	TotalSupportAmt
Gross Receipts Rltd Activities	$1,243,400,675	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.49280	PublicSupportCY170Pct
Public Support PY170	0.51804	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

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)
Total Grassroots Lobbying		TotalGrassrootsLobbyingGrp
Total Direct Lobbying		TotalDirectLobbyingGrp
Total Lobbying Expend		TotalLobbyingExpendGrp
Other Exempt Purpose Expend		OtherExemptPurposeExpendGrp
Total Exempt Purpose Expend		TotalExemptPurposeExpendGrp
Lobbying Nontaxable Amount		LobbyingNontaxableAmountGrp
Grassroots Nontaxable		GrassrootsNontaxableGrp
Tot Lbbyng Grassroot Mns Non Tx		TotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non Tx		TotLbbyExpendMnsLbbyngNonTxGrp
Volunteers	false	VolunteersInd
Paid Staff Or Management	Yes (true)	PaidStaffOrManagementInd
Media Advertisements	false	MediaAdvertisementsInd
Mailings Members	false	MailingsMembersInd
Publications Or Broadcast	false	PublicationsOrBroadcastInd
Grants Other Organizations	false	GrantsOtherOrganizationsInd
Direct Contact Legislators	Yes (true)	DirectContactLegislatorsInd
Direct Contact Legislators	$22,980	DirectContactLegislatorsAmt
Rallies Demonstrations	false	RalliesDemonstrationsInd
Other Activities	Yes (true)	OtherActivitiesInd
Other Activities	$179,100	OtherActivitiesAmt
Total Lobbying Expenditures	$202,080	TotalLobbyingExpendituresAmt
Not Described Section501c3	false	NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART II-B, LINE 1I	FormAndLineReferenceDesc
Explanation	The Pratt Institute utilizes the services of an independent third-party lobbying consultant to assist the Institute with legislation that benefits its educational mission (as well as the Pratt Center). Amounts paid to a lobbying consultant in fiscal year 2020 is $179,100. In addition, The Institute has allocated a portion of employee salary time that is dedicated to lobbying endeavors; total salary costs attributed to lobbying activities is $22,550 and total travel costs attributed to lobbying activities is $150. The Institute is a dues-paying member to NACUBO; a portion of its membership dues ($280) are attributable to NACUBO's lobbying efforts and are disclosed to the Institute in an annual letter.	ExplanationTxt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

Field	Value	IRS element (for citing)
Revenues Included	$15,000	RevenuesIncludedAmt
Assets Included	$1,111,000	AssetsIncludedAmt

Field	Value	IRS element (for citing)
Held Works Art		HeldWorksArtGrp
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Coll Used Loan Or Exch Prog	Yes (X)	CollUsedLoanOrExchProgInd
Solicited Assets Sale	false	SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$205,216,465	BeginningYearBalanceAmt
Contributions	$757,455	ContributionsAmt
Investment Earnings Or Losses	$10,539,979	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,119,681	GrantsOrScholarshipsAmt
End Year Balance	$213,394,218	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$193,639,407	BeginningYearBalanceAmt
Contributions	$831,183	ContributionsAmt
Investment Earnings Or Losses	$13,669,275	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$2,923,400	GrantsOrScholarshipsAmt
End Year Balance	$205,216,465	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$173,082,446	BeginningYearBalanceAmt
Contributions	$8,153,664	ContributionsAmt
Investment Earnings Or Losses	$15,437,271	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,033,974	GrantsOrScholarshipsAmt
End Year Balance	$193,639,407	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$150,985,228	BeginningYearBalanceAmt
Contributions	$2,758,244	ContributionsAmt
Investment Earnings Or Losses	$22,054,389	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$2,715,415	GrantsOrScholarshipsAmt
End Year Balance	$173,082,446	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$152,178,643	BeginningYearBalanceAmt
Contributions	$7,707,959	ContributionsAmt
Investment Earnings Or Losses	-$5,594,111	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,307,263	GrantsOrScholarshipsAmt
End Year Balance	$150,985,228	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.61610	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.23820	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.14570	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	false	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$21,098,556	OtherCostOrOtherBasisAmt
Book Value	$21,098,556	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$450,571,100	OtherCostOrOtherBasisAmt
Depreciation	$156,932,644	DepreciationAmt
Book Value	$293,638,456	BookValueAmt

Field	Value	IRS element (for citing)
Leasehold Improvements		LeaseholdImprovementsGrp

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$27,856,387	OtherCostOrOtherBasisAmt
Depreciation	$23,894,756	DepreciationAmt
Book Value	$3,961,631	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$0	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$3,737,825	OtherCostOrOtherBasisAmt
Depreciation	$0	DepreciationAmt
Book Value	$3,737,825	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$322,436,468	TotalBookValueLandBuildingsAmt
Financial Derivatives		FinancialDerivativesGrp
Closely Held Equity Interests		CloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (2 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
LIMITED PARTNERSHIPS	$36,098,619	F
ALTERNATIVE INVESTMENTS	$18,478,542	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$54,577,161	TotalBookValueSecuritiesAmt
Federal Income Tax Liability	$0	FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDesc	AmtAmt
ACCRUED POST RETIREMENT BENEFIT OBLIGATION	$89,160,376
U.S. GOVERNMENT GRANTS REFUNDABLE	$7,082,275
CONDITIONAL ASSET RETIREMENT OBILIGATION	$3,556,324

Field	Value	IRS element (for citing)
Total Liability	$99,798,975	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$223,975,737	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$4,985,688	NetUnrealizedGainsInvstAmt
Other Revenue	-$65,787,387	OtherRevenueAmt
Revenue Not Reported	-$60,801,699	RevenueNotReportedAmt
Revenue Subtotal	$284,777,436	RevenueSubtotalAmt
Investment Expenses Not Incld	$1,006,794	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	-$360,968	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$645,826	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$285,423,262	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$196,777,220	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	-$15,352,965	OtherExpensesIncludedAmt
Expenses Not Reported	-$15,352,965	ExpensesNotReportedAmt
Expenses Subtotal	$212,130,185	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$1,006,794	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$65,787,387	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$66,794,181	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$278,924,366	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART III, LINE 4	FormAndLineReferenceDesc
Explanation	works of art: The Institute maintains a collection of artwork, historical treasures, sculptures, and other similar assets for the use and enjoyment of its students, staff, visitors and the general public. FOUNDED IN 1887, PRATT INSTITUTE IS A GLOBAL LEADER IN HIGHER EDUCATION DEDICATED TO PREPARING ITS 4,875 UNDERGRADUATE AND GRADUATE STUDENTS FOR SUCCESSFUL CAREERS IN ART, DESIGN, ARCHITECTURE, INFORMATION AND LIBRARY SCIENCE, AND LIBERAL ARTS AND SCIENCES. THE SCULPTURES AND OTHER WORKS OF ART PROVIDE A BROAD INTELLECTUAL AND CREATIVE CONTEXT FOR STUDENTS AT PRATT INSTITUTE. AS LONG AS THE INSTITUTE OWNS THE WORKS OF ART OR SIMILAR ASSETS, THE WORKS OF ART WILL BE UTILIZED BY THE INSTITUTE FOR ITS EDUCATIONAL AND CULTURAL PURPOSES, INCLUDING THE LENDING OF THE ITEMS TO MUSEUMS OPEN TO GENERAL PUBLIC, AND IN FURTHERANCE OF ITS EXEMPT PURPOSES. Part V, Line 4 ENDOWMENT FUND: The Institute maintains an endowment to support its academic mission. The Endowment's principal remains untouched to provide a foundation of economic stability, while its earnings are deployed to provide student scholarships, fund capital expenditures (when needed) and to support general operating expenses. Part X, Line 2 FIN 48 (ASC 740)- TAX STATUS: THE INSTITUTE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE INSTITUTE IS NOT SUBJECT TO INCOME TAXES EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSES. THE INSTITUTE UTILIZES A THRESHOLD OF MORE LIKELY THAN NOT FOR RECOGNITION AND DERECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. NO PROVISION FOR INCOME TAXES WAS REQUIRED FOR FISCAL YEARS 2020 OR 2019. RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS TO FORM 990 PART XI, LINE 2D: RECLASS OF SCHOLARSHIP EXPENSES FROM AN OFFSET $(65,787,387) TO TUITION REVENUE IN THE FINANCIAL STATEMENTS ============= PART XI, LINE 4B: RECLASS OF RENTAL EXPENSE TO OFFSET RENTAL $(201,524) INCOME ON PART VIII RECLASS OF FUNDRAISING EVENT EXPENSES TO $(159,444) OFFSET FUNDRAISING EVENT REVENUE ------------- TOTAL $(360,968) ============= RECONCILIATION OF EXPENSE PER AUDITED FINANCIAL STATEMENTS TO FORM 990 PART XII, LINE 2D: RECLASS OF RENTAL EXPENSE TO OFFSET RENTAL $201,524 INCOME ON PART VIII RECLASS OF FUNDRAISING EVENT EXPENSES TO $159,444 OFFSET FUNDRAISING EVENT REVENUE POSTRETIREMENT BENEFIT COST $(15,757,056) OTHER NON-OPERATING RECONCILING ITEMS $43,123 ------------- TOTAL $(15,352,965) ============= PART XII, LINE 4B: RECLASS OF SCHOLARSHIP EXPENSES FROM AN OFFSET $65,787,387 TO TUITION REVENUE IN THE FINANCIAL STATEMENTS =============	ExplanationTxt

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

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 3	FormAndLineReferenceDesc
Explanation	RACIALLY NONDISCRIMINATORY POLICY: The Institute publicizes its racial nondiscriminatory policy in newspaper advertisements, student handbooks and on the Institutes website. The Institute does not discriminate on the basis of race, color, sexual orientation, national or ethnic origin to all the rights, privileges, programs and activities generally accorded or made available to students. Part I, Line 6a GOVERNMENTAL AID OR ASSISTANCE: THE INSTITUTE RECEIVES FEDERAL TITLE IV STUDENT FINANCIAL AID GRANTS FROM SEVERAL SOURCES, INCLUDING THE U.S. DEPARTMENT OF EDUCATION, NYS BUNDY AID, NYS HEOP GRANT, NYS TAP, THE SCHOOL OF INFORMATION AND LIBRARY SCIENCE.	ExplanationTxt

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxt	OfficesOfficesCnt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
Europe (Including Iceland and Greenland)	1	3	Program Services	INSTRUCTIONAL	$386,129
Central America and the Caribbean	0	0	Investments		$23,663,585

Field	Value	IRS element (for citing)
Subtotal Offices	1	SubtotalOfficesCnt
Subtotal Employees	3	SubtotalEmployeesCnt
Total Office	1	TotalOfficeCnt
Total Employee	3	TotalEmployeeCnt
Subtotal Spent	$24,049,714	SubtotalSpentAmt
Total Spent	$24,049,714	TotalSpentAmt
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	Yes (true)	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART IV, FOREIGN FORMS	FormAndLineReferenceDesc
Explanation	THE INSTITUTE INVESTS IN DOMESTIC AND FOREIGN INVESTMENT VEHICLES THAT MAY OWN AN INTEREST IN A FOREIGN CORPORATION, PASSIVE FOREIGN INVESTMENT COMPANY, OR FOREIGN PARTNERSHIP. NEVERTHELESS, THE INSTITUTE'S INVESTMENT ACTIVITIES MAY NOT REACH THE THRESHOLDS REQUIRED FOR FILING THE FORMS 926, 5471, 8621 OR 8865. TO THE EXTENT SUCH A FORM WAS COMPLETED, IT HAS BEEN FILED WITH THE INSTITUTE'S FORM 990-T.	ExplanationTxt

Schedule G IRS990ScheduleG

Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)

ActivityActivityTxt	Fundraiser Control Of FundsFundraiserControlOfFundsInd
KX ASSOCIATES INC
EVENT MANAGEMENT	false
DWIGHT JOHNSON DESIGN
EVENT MANAGEMENT	false

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	PRATT LEGENDS	Event1Nm
Gross Receipts Event1	$438,628	GrossReceiptsEvent1Amt
Charitable Contri Event1	$393,153	CharitableContriEvent1Amt
Gross Revenue Event1	$45,475	GrossRevenueEvent1Amt
Rent Facility Costs Event1	$63,535	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$48,800	FoodAndBeverageEvent1Amt
Entertainment Event1	$27,890	EntertainmentEvent1Amt
Other Direct Expenses Event1	$19,219	OtherDirectExpensesEvent1Amt
Other Events Total	0	OtherEventsTotalCnt
Gross Receipts Total	$438,628	GrossReceiptsTotalAmt
Charitable Contributions Tot	$393,153	CharitableContributionsTotAmt
Gross Revenue Total Events	$45,475	GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events	$63,535	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$48,800	FoodAndBeverageTotalEventsAmt
Entertainment Total Events	$27,890	EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events	$19,219	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$159,444	DirectExpenseSummaryEventsAmt
Net Income Summary	-$113,969	NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Fund-raising events	FormAndLineReferenceDesc
Explanation	Beginning in March 2020, Pratt Institute experienced changes to its operations as a result of the COVID-19 Pandemic. As such, DONOR-BASED REVENUES HAVE BEEN MATERIALLY IMPACTED, AS IN-PERSON FUNDRAISING EVENTS MOVED TO VIRTUAL EVENTS AND CONNECTIONS WITH DONORS TURNED TO ONLINE FORMATS. OVERALL, THE IMPACT WAS A REDUCTION OF 55% OF contribution revenue from fundraising events.	ExplanationTxt

Schedule I IRS990ScheduleI

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

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	STUDENT FINANCIAL AID	GrantTypeTxt
Recipient	3659	RecipientCnt
Cash Grant	$65,787,387	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part I, Line 2	FormAndLineReferenceDesc
Explanation	MONITORING THE USE OF GRANTS: THE OFFICE OF FINANCIAL AID PROCESSES ALL STUDENTS' FINANCIAL AID AWARDS BASED ON GUIDELINES SET FORTH BY FEDERAL, STATE AND LOCAL GOVERNMENTS. THESE AWARDS ARE INCLUDED IN THE STUDENT FINANCIAL PACKAGE AND ARE APPLIED TO THE STUDENTS' ACCOUNTS ONCE ALL ELIGIBILITY REQUIREMENTS ARE MET. THE OFFICE OF FINANCIAL AID RECONCILES ALL FEDERAL FUNDS TO THE US DEPARTMENT OF EDUCATION COMMON ORIGINATION AND DISBURSEMENT SYSTEM ON A MONTHLY BASIS. IN ADDITION, THE CONTROLLER'S OFFICE RECONCILES THE AWARD DISBURSEMENT ACTIVITIES POSTED TO THE INSTITUTE'S GENERAL LEDGER ACCOUNT TO THE STUDENTS' ACCOUNTS RECEIVABLE LEDGERS AND FINANCIAL AID AWARDS REPORTS. THE CONTROLLER'S OFFICE ALSO PROCESSES THE REIMBURSEMENT REQUESTS AND RECONCILIATION OF FUNDS RECEIVED, AND MONITORS THE SPENDING LEVEL TO ENSURE THAT ACTUAL DISBURSEMENTS DOES NOT EXCEED THE AUTHORIZED GOVERNMENT GRANT.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Written Policy Ref T And E Expnss	false	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	false	SubstantiationRequiredInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	Yes (true)	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	Yes (true)	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 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
FRANCES BRONET
PRESIDENT AND TRUSTEE	$695,070	$0	$100,000	$0	$1,980	$0	$14,000	$0	$180,680	$0	$991,730	$0	$0	$0
THOMAS F SCHUTTE
FORMER OFFICER	$426,409	$0	$0	$0	$0	$0	$0	$0	$0	$0	$426,409	$0	$426,409	$0
CATHLEEN M KENNY
VP FOR FINANCE AND ADMIN	$335,330	$0	$0	$0	$1,290	$0	$14,000	$0	$42,660	$0	$393,280	$0	$0	$0
KIRK E PILLOW
PROVOST	$359,461	$0	$0	$0	$690	$0	$14,000	$0	$36,235	$0	$410,386	$0	$0	$0
JUDITH AARON
VP FOR ENROLLMENT	$283,718	$0	$0	$0	$3,604	$0	$14,000	$0	$17,195	$0	$318,517	$0	$0	$0
DONNA HEILAND
ASSOC. PROVOST	$243,362	$0	$0	$0	$1,554	$0	$12,320	$0	$14,695	$0	$271,931	$0	$0	$0
JOSEPH M HEMWAY
VP OF IT AND CIO	$251,832	$0	$0	$0	$1,050	$0	$12,682	$0	$14,052	$0	$279,616	$0	$0	$0
ANITA COONEY
DEAN OF SCHOOL OF DESIGN	$247,092	$0	$0	$0	$1,428	$0	$11,750	$0	$15,940	$0	$276,210	$0	$0	$0
Richard A Sarrach
Faculty Trustee (As of 07/19)	$169,538	$0	$0	$0	$128	$0	$6,152	$0	$44,675	$0	$220,493	$0	$0	$0
Daphne R Halpern
VP of Instl Advancement	$296,937	$0	$0	$0	$16,890	$0	$0	$0	$712	$0	$314,539	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part I, Line 1	FormAndLineReferenceDesc
Explanation	HOUSING ALLOWANCE: PRATT INSTITUTE PROVIDED HOUSING TO THE FORMER PRESIDENT, THOMAS F. SCHUTTE, DURING HIS TENURE AND CURRENTLY PROVIDES HOUSING TO THE PRESIDENT, FRANCES BRONET (BEGINNING JANUARY 2019). HOUSING IS A CONDITION OF THE PRESIDENTS' EMPLOYMENT AND IS PROVIDED FOR THE CONVENIENCE OF THE INSTITUTE, THEREFORE, IT IS NOT INCLUDED IN TAXABLE INCOME and is reported in Schedule J, Part II, column (d). Part I, Line 4a SEVERANCE PAYMENT: Former President, Thomas Schutte, received a severance payment of $426,409. This payment is reflected in Schedule J, Part II, column (b)(iii) and in column (f) to reflect that this amount was previously reported as deferred compensation on the Institutes prior Form 990. PART I, LINE 7 The compensation committee of the Board of Directors authorized a one-time bonus of $100,000 for President, Frances Bronet, in calendar year 2019 because she met certain objective performance-based criteria established by the Board.	ExplanationTxt

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
DASNY - SERIES 2015A
A	146000293	6499073M2	2015-01-07	$82,585,148	REFD 09A&B PURCH DORM R	false	false	false
DASNY - SERIES 2016
B	146000293	64990BR70	2016-06-08	$61,336,413	REFUND 2009C, CONSTRUCTION	false	false	false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 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	$6,365,000	$0	$82,585,148	$0	$0	$0	$1,040,452	$0	$0	$41,829,000	$39,715,696	$0	2019	Yes (true)	false	Yes (true)	Yes (true)
B	$3,705,000	$0	$61,336,413	$0	$0	$0	$767,914	$0	$0	$15,075,000	$45,493,499	$0	2019	false	Yes (true)	Yes (true)	Yes (true)

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	Private Bus Use By OthersPrivateBusUseByOthersPct	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Remedial Action TakenRemedialActionTakenInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	false	false	false	false	0	false	false	false	Yes (true)
B	false	false	false	false	0	false	false	false	Yes (true)

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	Superintegrated HedgeSuperintegratedHedgeInd	Hedge TerminatedHedgeTerminatedInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Business Name Line1GICProviderName/BusinessNameLine1Txt	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
0
A	false	Yes (true)	false	false	false	false	false	false	false	0	false	Yes (true)
0
B	false	Yes (true)	false	false	false	false	false	false	false	0	false	Yes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

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

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part I, Column (F)	FormAndLineReferenceDesc
Explanation	2016 BOND ISSUE DESCRIPTION OF PURPOSE: (I) FULLY REDEEM OUTSTANDING SERIES 2009C BONDS, (II) CONSTRUCT AND EQUIP OF A TWO-STORY EXPANSION OF AN ORIGINAL 260-BED RESIDENTIAL FACILITY AND (III) RENOVATE AND EQUIP NINE TOWNHOUSES TO HOUSE APPROXIMATELY 54 STUDENTS. Part I, Line 2, Column (A) 2015 Bond Issue Rebate Calculation: On September 29, 2020, the Institute completed a refunding of its outstanding Series 2015A tax-exempt bond with a taxable loan; no rebate calculation was performed as it was anticipated that the re-financing would occur and obviate the need for a rebate calculation.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Impact of COVID-19 Pandemic	Beginning in March 2020, Pratt Institute experienced changes to its operations as a result of the COVID-19 Pandemic. After closing residence halls, approximately 50% of the spring 2020 semester was delivered in an online instructional format. As a consequence of that decision, the Institute provided pro-rata refunds of room, board and certain fees to resident students totaling approximately $4.6 million. The Institute received approximately $2.8 million in CARES funding from the U.S. Department of Education, 50% of which was used to provide direct assistance to students who had been adversely impacted by COVID-19. The balance of the funds received were used by the Institute to offset additional costs incurred as a result of the closure of campus and transition to online instruction. During the summer of 2020, the faculty delivered instruction in both online and a hybrid format that blends online instruction with some face to face instruction. After extensive analysis and deliberation, the Institute made a decision not to reopen its residence halls for the fall semester. Fall 2020 enrollment is approximately 15% lower than the fall 2019 enrollment level. Given this decline in student headcount and an absence of room and board revenue, the Institute developed an operating budget for fiscal 2021 that reflects reductions in both personnel and non-personnel expenditures. At present, the Institute expects it will continue to meet all debt service obligations as they become due, financial covenants and maintain sufficient cash flow to support operations. FORM 990, PART I AND PART III, LINE 1 ORGANIZATION'S MISSION: THE MISSION OF PRATT INSTITUTE IS TO EDUCATE ARTISTS AND CREATIVE PROFESSIONALS TO BE RESPONSIBLE CONTRIBUTORS TO SOCIETY. PRATT SEEKS TO INSTILL IN ALL GRADUATES AESTHETIC JUDGMENT, PROFESSIONAL KNOWLEDGE, COLLABORATIVE SKILLS, AND TECHNICAL EXPERTISE. WITH A FIRM GROUNDING IN THE LIBERAL ARTS AND SCIENCES, A PRATT EDUCATION BLENDS THEORY WITH CREATIVE APPLICATION IN PREPARING GRADUATES TO BECOME LEADERS IN THEIR PROFESSIONS. PRATT ENROLLS A DIVERSE GROUP OF HIGHLY TALENTED AND DEDICATED STUDENTS, CHALLENGING THEM TO ACHIEVE THEIR FULL POTENTIAL.
FORM 990, PART III	STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS: LINE 4A: INSTRUCTION: --------------------- THE COMMISSION ON HIGHER EDUCATION IS AN INSTITUTIONAL ACCREDITING AGENCY RECOGNIZED BY THE US SECRETARY OF EDUCATION AND THE COMMISSION ON RECOGNITION OF POSTSECONDARY ACCREDITATION. PRATT OFFERS 6 ASSOCIATE, 27 UNDERGRADUATE DEGREE, AND 36 GRADUATE DEGREE PROGRAMS IN ART & DESIGN, ARCHITECTURE, LIBERAL ARTS & SCIENCES (UNDERGRADUATE), INFORMATION & LIBRARY SCIENCE (GRADUATE) AND CENTER FOR CONTINUING & PROFESSIONAL STUDIES. IT OFFERS, PRE-COVID, AN AVERAGE OF 23 STUDY ABROAD AND INTERNATIONAL EXCHANGE PROGRAMS IN MORE THAN A DOZEN LOCATIONS INCLUDING ROME, FLORENCE, MILAN, COPENHAGEN, LONDON AND TOKYO. IN ADDITION, PRATT PROVIDES STUDENTS WITH OPPORTUNITIES TO ENROLL IN FOUR DUAL DEGREE PROGRAMS. IT ALSO OFFERS SEVEN PROGRAMS LEADING TO AN ADVANCED CERTIFICATE AWARD: ART & DESIGN EDUCATION, ARCHIVES PROGRAMS, LIBRARY & INFORMATION SPECIALIST AND MUSEUM LIBRARIES, MINOR PROGRAMS IN CONSTRUCTION MANAGEMENT, CULTURAL STUDIES AND HISTORY OF ART & DESIGN. IT ALSO OFFERS TWO FULL-TIME ENGLISH AS A SECOND LANGUAGE (ESL) PROGRAMS FOR INTERNATIONAL STUDENTS THAT FOCUS ON THE LANGUAGE OF ART, DESIGN AND ARCHITECTURE. PRATT INSTITUTE'S OFFICIAL ENROLLMENT FOR THE FY2019-20 WAS 4,875 STUDENTS. UNDERGRADUATE (3,501 STUDENTS) -ART: 1,043 -DESIGN: 1,420 -ARCHITECTURE: 713 -LIBERAL ARTS & SCIENCES: 165 -ASSOCIATE DEGREE PROGRAMS: 103 -DUAL DEGREES: 0 -NON-MATRIC/PRE-COLLEGE - HIGH SCHOOL PROGRAM: 57 GRADUATE (1,374 STUDENTS) -ART: 372 -DESIGN: 417 -ARCHITECTURE: 322 -INFORMATION & LIBRARY SCIENCE: 210 -LAS: 42 -DUAL DEGREES: 11 *DEGREES - 1,317 -ASSOCIATE'S DEGREE: 58 -BACHELOR'S DEGREE: 729 -MASTER'S DEGREE: 530 PRATT INSTITUTE'S SCHOOL OF CONTINUING AND PROFESSIONAL STUDIES (SCPS) PROVIDES HIGH-QUALITY CREDIT AND NON-CREDIT COURSES AND PROGRAMS TO THE NONTRADITIONAL STUDENT IN A VARIETY OF SUBJECTS FOR EDUCATIONAL ADVANCEMENT, CAREER CHANGE, AND ENRICHMENT. INCLUDED IN ITS PROGRAMS IS THE PRECOLLEGE PROGRAM THAT PROVIDES HIGH SCHOOL STUDENTS WITH A RIGOROUS COLLEGE LEVEL ART, DESIGN AND CREATIVE THINKING COURSES, MODELED AFTER PRATT INSTITUTE'S UNDERGRADUATE OFFERINGS. FORM 990, PART III STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS: LINE 4B: ACADEMIC SUPPORT: -------------------------- SCHOLARSHIPS ARE VITAL TO FOSTERING THE UNIQUE ABILITIES OF THE MORE THAN 3,600 TALENTED YOUNG MEN AND WOMEN ENROLLED AT PRATT, THE MAJORITY OF WHOM WOULD OTHERWISE BE UNABLE TO BENEFIT FROM THE WORLD-CLASS, CUTTING EDGE EDUCATION THAT THE INSTITUTE OFFERS. CURRENTLY, OVER 80% OF PRATT STUDENTS RECEIVE SOME FORM OF FINANCIAL AID. SCHOLARSHIPS PROVIDE THESE STUDENTS WITH MEANINGFUL SUPPORT THAT ENABLE THEM TO PURSUE THEIR EDUCATION WHILE REDUCING THEIR FINANCIAL BURDENS. PRATT INSTITUTE'S ENDOWED FACULTY DEVELOPMENT FUNDS PROVIDE INCREASED RESOURCES FOR THE COMPETITIVELY AWARDED ANNUAL GRANTS THAT NOT ONLY ADVANCE PRATT FACULTY MEMBERS' RESEARCH AND CREATIVE INTERESTS BUT ALSO STRENGTHEN THE INSTITUTE'S CURRICULUM OVERALL. WITH THE SUPPORT OF THESE FUNDS, PRATT FACULTY CAN UNDERTAKE RESEARCH AND PROJECTS TO ADVANCE THE CURRICULUM AND THEIR FIELDS, EXPLORE NEW DIRECTIONS IN TEACHING, AND INSPIRE NEW INTERDISCIPLINARY WORK THAT WILL CONTRIBUTE TO THE LEARNING ENVIRONMENT. SPECIFIC ACTIVITIES MIGHT INCLUDE STUDIO PROJECTS, PUBLICATIONS, TRAVEL, RESEARCH, AND CROSS-DISCIPLINARY COURSES AND STUDIES BY FACULTY TEAMS. FORM 990, PART III STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS: LINE 4C: AUXILIARY ENTERPRISES: ------------------------ THE INSTITUTE MANAGES AND MAINTAINS NUMEROUS DORMITORIES ON AND OFF CAMPUS AND TOWNHOUSES THAT PROVIDE HOUSING FOR PRATT STUDENTS. INCLUDED ALSO IN THE AUXILIARY ENTERPRISE IS THE MANAGEMENT OF THE STUDENT MEAL PLAN PROGRAM, AND ACTIVITY RESOURCE CENTER ACTIVITIES WHICH ARE PRIMARILY MAINTAINED FOR THE USE AND CONVENIENCE OF STUDENTS, FACULTY AND STAFF.
FORM 990, PART III	STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS: LINE 4D: OTHER PROGRAM SERVICES: -------------------------------- STUDENT SERVICES: INCLUDES EXPENSES INCURRED FOR STUDENTS' ACTIVITIES AND EVENTS BY THE FOLLOWING STUDENT SUPPORT SERVICES DEPARTMENTS: ADMISSIONS, REGISTRAR, BURSAR, FINANCIAL AID, ATHLETICS, INTERNATIONAL AFFAIRS, HEALTH & COUNSELING, CAREER SERVICES AND OTHER STUDENT SERVICES DEPARTMENTS. THE STUDENT AFFAIRS DIVISION PROVIDES PROGRAMS AND SERVICES THAT PROMOTE STUDENT PERSONAL AND PROFESSIONAL DEVELOPMENT, FOSTERS A CAMPUS ENVIRONMENT THAT IS CONDUCIVE TO STUDENT LEARNING AND ADVOCATES FOR AND SUPPORTS STUDENTS AS THEY MEET THE CHALLENGES OF THE PRATT EXPERIENCES. THE OFFICE OF INTERNATIONAL AFFAIRS PROVIDES SERVICES TO INTERNATIONAL STUDENTS FROM OVER 75 COUNTRIES AS WELL AS J1 EXCHANGE VISITORS, EXCHANGE STUDENTS, PROFESSORS AND SCHOLARS. THIS OFFICE IS RESPONSIBLE TO ENSURE PRATT'S COMPLIANCE WITH THE DEPARTMENT OF HOMELAND SECURITY AND DEPARTMENT OF STATE. INSTITUTIONAL SUPPORT: INCLUDES EXPENDITURES PRIMARILY INCURRED BY THE SECURITY OFFICE, STRATEGIC PLANNING, OFFICE OF INSTITUTIONAL RESEARCH INFORMATION TECHNOLOGY, ACADEMIC MARKETING, FINANCE, SUSTAINABILITY AND OTHER PROGRAM SERVICES RELATED GENERAL INSTITUTE EXPENSES. OPERATION AND MAINTENANCE OF PLANT: INCLUDES EXPENSES FOR THE MAINTENANCE AND UPKEEP OF BUILDINGS, MANAGEMENT AND SUPPORT OF THE OPERATIONS OF PHYSICAL PLANT FACILITIES, UTILITIES, CLEANING AND OTHER RELATED FUNCTIONS, CAPITAL RENOVATION PROJECTS, ETC. FY19/20 THE FINAL PHASE OF THE CONSTRUCTION OF A 10 STORY RESIDENCE DORM FOR FIRST YEAR STUDENTS, LOCATED ON EMERSON PLACE. EACH DORM FLOOR WILL OFFER 24 STUDENTS DOUBLE ROOM ACCOMMODATION AND 10 SINGLE USE BATHROOM FACILITIES ARRANGED AROUND A LARGE CENTRAL FLOOR LOUNGE WITH KITCHENETTES. DORM OPENED IN FALL 2019. FY19/20 STARTED PHASE 2 OF THE 14TH STREET CAMPUS RENOVATION IN MANHATTAN. INCLUDES THE INCREASE IN CLASS ROOMS, EXPANSION OF GALLERY SPACE AND THE UPGRADE OF THE LOBBY SPACE TO THE INSTITUTE. UPGRADED A NUMBER OF THE ELEVATORS ON CAMPUS AND CONTINUED TO UPGRADE THE ROOF ON THE THRIFT BUILDING. PUBLIC SERVICE: IN VIEW OF PRATT'S MISSION TO EDUCATE ARTISTS AND CREATIVE PROFESSIONALS TO BE RESPONSIBLE CONTRIBUTORS TO SOCIETY, PRATT INSTITUTE PLAYS AN ACTIVE ROLE IN COMMUNITY-BASED PLANNING AND RESEARCH PROGRAMS THAT EMPOWER LOCAL RESIDENTS AND BUSINESSES TO DEVELOP ROBUST URBAN CENTERS IN WHICH TO WORK, PLAY AND LIVE. PRATT'S DEPARTMENT OF ART AND DESIGN EDUCATION OFFERS A VARIETY OF PROGRAMS FOR THE COMMUNITY. IT PROVIDES OPPORTUNITIES FOR ARTISTS AND DESIGNERS OF ALL AGES TO RECOGNIZE PRATT INSTITUTE OFFERS A NUMBER OF PROGRAMS, CENTERS AND INITIATIVES THAT BENEFIT THE PUBLIC AND COMMUNITIES. A NUMBER OF THEM ARE LISTED BELOW. THE ART EDUCATION PROGRAM: PRATT'S DEPARTMENT OF ART AND DESIGN EDUCATION OFFERS A VARIETY OF PROGRAMS FOR THE COMMUNITY. IT PROVIDES OPPORTUNITIES FOR ARTISTS AND DESIGNERS OF ALL AGES TO RECOGNIZE AND DEVELOP THEIR CREATIVE POTENTIAL. CLASSES ARE HELD ON PRATT'S CAMPUS WHERE PARTICIPANTS LEARN IN A COLLEGE ENVIRONMENT. THESE PROGRAMS PREPARE PRATT STUDENTS STUDYING ART & DESIGN EDUCATION TO WORK AS TEACHERS AND ARTISTS WHILE SIMULTANEOUSLY BRINGING ART AND DESIGN CLASSES TO THE COMMUNITY. FEATURED PROGRAMS ARE DESIGN INITIATIVE FOR COMMUNITY EMPOWERMENT (DICE), PRATT YOUNG SCHOLARS, SATURDAY ART SCHOOL, AND SUMMER DESIGN. THE SPATIAL ANALYSIS AND VISUALIZATION INITIATIVE (SAVI): SAVI AT PRATT INSTITUTE IS A GEOGRAPHIC INFORMATION SYSTEMS (GIS)-CENTERED INITIATIVE THAT PROVIDES STUDENTS AND FACULTY ACROSS DISCIPLINES ACCESS TO GIS AND VISUALIZATION RESOURCES. SAVI IS DEDICATED TO PRATT'S COMMITMENT TO BENEFIT THE GREATER COMMUNITY AND PROVIDES SERVICES AND GIS TECHNICAL ASSISTANCE TO NEW YORK CITY-BASED NONPROFIT, CIVIC, AND COMMUNITY-BASED PLANNING ORGANIZATIONS, AND OFFERS A GIS AND DESIGN CERTIFICATE PROGRAM THROUGH THE SCHOOL OF CONTINUING AND PROFESSIONAL STUDIES. SAVI MAINTAINS A DATABASE OF SPATIAL AND INFORMATIONAL DATA SETS, AVAILABLE FOR PUBLIC USE ON MOST NETWORKED COMPUTERS AT THE PRATT BROOKLYN CAMPUS. PRATT CENTER FOR COMMUNITY DEVELOPMENT: ESTABLISHED IN 1963, THE CENTER WORKS FOR A MORE SUSTAINABLE AND EQUITABLE NEW YORK CITY IN PARTNERSHIP WITH COMMUNITY-BASED ORGANIZATIONS, SMALL BUSINESSES, AND POLICYMAKERS. AS PART OF PRATT INSTITUTE, WE USE URBAN PLANNING, ARCHITECTURE, AND PUBLIC POLICY TO SUPPORT COMMUNITY-BASED ORGANIZATIONS IN THEIR EFFORTS TO IMPROVE QUALITY OF LIFE, CREATE ECONOMIC OPPORTUNITY, AND ADVANCE SUSTAINABLE DEVELOPMENT. OUR WORK IS GROUNDED IN FOUR CORE VALUES: EQUITY, SUSTAINABILITY, LOCAL KNOWLEDGE, AND DIVERSE ECONOMY. BELOW ARE THREE MAJOR GRANT PROJECTS THAT PRATT CENTER EXCHANGED IN FOR THE FISCAL YEAR: THE BROOKLYN FASHION AND DESIGN ACCELERATOR: THE BROOKLYN FASHION AND DESIGN ACCELERATOR (BF+DA) IS A VIBRANT HUB WHERE DESIGNERS CAN BUILD SUCCESSFUL BUSINESSES THAT INTEGRATE THE ENVIRONMENT AND SOCIETY INTO THEIR BOTTOM LINE AND EXPLORE THE RELATIONSHIP OF TECHNOLOGY, PRODUCT, AND FASHION. THE ACCELERATOR PROVIDES SPACE, MENTORSHIP, AND ACCESS TO A NETWORK OF EXPERTS THAT RANGE FROM DESIGN, PRODUCTION, FUTURE TECHNOLOGIES, BUSINESS DEVELOPMENT, AND ENVIRONMENTAL AND SOCIAL IMPACT. THE BF+DA WELCOMES CREATIVE ENTREPRENEURS FROM THROUGHOUT NEW YORK CITY. CONSORTIUM FOR RESEARCH AND ROBOTICS: THE CENTER IS A NEW MODEL FOR COLLABORATION, COMPETITION AND CREATIVITY WITH NEW YORK CITY'S LARGEST INDUSTRIAL ROBOT. OFFERING UNIQUE FACILITIES, LOCATION, PROFESSIONAL AND ACADEMIC NETWORKS, AND VARIOUS OTHER RESOURCES. BELOW IS A BRIEF DESCRIPTION OF A FEW EXAMPLES OF THE MAJOR PROGRAM AND PROJECT ACCOMPLISHMENTS FOR PRATT RELATED TO EXTERNAL FUNDER AWARDS IN FY19/20: - PRATT INSTITUTE'S CONSORTIUM FOR RESEARCH AND ROBOTICS WAS AWARDED $1.5M IN FUNDING FOR THE SCIENCE TECHNOLOGY ENTRY PROGRAM (STEP) FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION. THIS FIVE-YEAR FUNDING CYCLE FROM JULY 2020 TO JUNE 2025 AIMS TO SERVE 167 LOW-INCOME AND DISADVANTAGED NYC MIDDLE AND HIGH SCHOOL STUDENTS PER YEAR WITH SUPPLEMENTAL SCIENCE AND TECHNOLOGY EDUCATION. - PRATT INSTITUTE'S SCHOOL OF INFORMATION, IN COLLABORATION WITH NEW YORK UNIVERSITYS MOVING IMAGE ARCHIVING PRESERVATION PROGRAM, WAS AWARDED A GRANT OF $600K OVER TWO YEARS TO ESTABLISH A NETWORK OF TRAINING RESOURCES AVAILABLE TO CULTURAL HERITAGE PROFESSIONALS NATIONWIDE TO ENHANCE THEIR DIGITAL PRESERVATION KNOWLEDGE WITH A SIGNIFICANT OUTREACH AND RECRUITMENT COMPONENT. - CITY COUNCIL MEMBER STEPHEN LEVIN (NYC DISTRICT 33) AND THE BROOKLYN BOROUGH PRESIDENT AWARDED PRATT INSTITUTE WITH $795K IN CAPITAL FUNDS TO HELP RENOVATE APPROXIMATELY 21K SQ FT OF SPACE IN THE BROOKLYN NAVY YARD (BNY). WITH THESE CAPITAL FUNDS, PRATT SEEKS TO CREATE A NEW RESEARCH FACILITY, THE PRATT RESEARCH YARD, IN PARTNERSHIP WITH THE BNY AND SHARED WITH THE COMMUNITY OF NAVY YARD INDUSTRY LEADERS. FORM 990, PART VI, LINE 2 FAMILY RELATIONSHIP: MIKE PRATT, DAVID O. PRATT, AND ANNE H. VAN INGEN HAVE A FAMILY RELATIONSHIP.
FORM 990, PART VI, LINE 11	REVIEW OF 990: THE RETURN IS PREPARED BY AN INDEPENDENT FIRM BASED ON INFORMATION PROVIDED BY THE ORGANIZATION AND IN CONSULTATION WITH THE ORGANIZATION'S STAFF. THE DRAFT PREPARED BY THE ACCOUNTING FIRM IS THEN SUBMITTED TO THE CONTROLLER, VP OF FINANCE, THE FINANCE AND AUDIT COMMITTEE FOR THEIR REVIEW, AND THEN TO THE FULL BOARD OF DIRECTORS BEFORE FILING THE COMPLETED FORM 990 WITH THE IRS.
FORM 990, PART VI, LINE 12	CONFLICT OF INTEREST POLICY: THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY COVERING ALL TRUSTEES, OFFICERS, AND EMPLOYEES THAT PROVIDES THAT NO INDIVIDUAL MAY PARTICIPATE IN DISCUSSION OR DECISION ON ANY MATTER IN WHICH HE OR SHE HAS A MATERIAL FINANCIAL INTEREST. ALL TRUSTEES, OFFICERS AND INDIVIDUALS WHO HAVE PURCHASING AUTHORITY ARE REQUIRED TO CERTIFY COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS.
FORM 990, PART VI, LINE 15	PROCESS OF DETERMINING COMPENSATION: COMPENSATION FOR THE PRESIDENT, OFFICERS AND KEY EMPLOYEES IS DETERMINED BY A PROCESS THAT INCLUDES THE USE OF EXTERNAL COMPARABILITY DATA, REVIEW AND APPROVAL BY THE BOARD AND EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, AND CONTEMPORANEOUS RECORDKEEPING OF THEIR DELIBERATIONS AND DECISIONS. THE PRESIDENT'S COMPENSATION IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. BASED UPON THE REVIEW, PRESIDENT'S COMPENSATION IS THEN DETERMINED AND APPROVED BY THE BOARD.
FORM 990, PART VI, LINE 19	DISCLOSURE: THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST FROM THE OFFICE OF THE VP OF FINANCE OR THE CONTROLLER'S OFFICE. IN ADDITION, THE FORM 990 IS AVAILABLE AT GUIDESTAR.ORG.
FROM 990, PART VII AND SCHEDULE J	COMPENSATION TIMING: COMPENSATION REPORTED ON PART VII AND SCHEDULE J IS BASED ON THE CALENDAR YEAR WITHIN THE TAXPAYER'S FISCAL YEAR. FOR THIS FISCAL 2020 FORM 990, CALENDAR YEAR 2019 COMPENSATION IS REPORTED. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCE: OTHER NON-OPERATING RECONCILING ITEMS $(43,123) POSTRETIREMENT RELATED CHANGES $15,757,056 -------------- TOTAL $15,713,933 ===============