RINGLING COLLEGE OF ART AND DESIGN INC: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- RINGLING COLLEGE OF ART AND DESIGN INC (EIN 59-0637903)
- Tax period
- 2018-06-01 to 2019-05-31
- Filed
- 2020-04-14
- IRS object ID
- 202031059349300313
- Schema version
- 2018v3.1
- 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 L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-04-14T10:04:00-05:00 | ReturnTs |
| Tax Period End | 2019-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 560574444 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 EAST JACKSON ST SUITE 1200 | AddressLine1Txt |
| City | TAMPA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33602 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-06-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 590637903 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RINGLING COLLEGE OF ART AND DESIGN INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RING | BusinessNameControlTxt |
| Phone | 9413515100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2700 NORTH TAMIAMI TRAIL | AddressLine1Txt |
| City | SARASOTA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34234 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LARRY R THOMPSON | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 9413597514 | PhoneNum |
| Signature | 2020-04-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMANDA ADAMS | PreparerPersonNm |
| PTIN | P00748038 | PTIN |
| Phone | 8132511010 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 75.138.101.114 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-04-14 | IPDt |
| IP Tm | 09:19:35 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 7F6CCF0CB4081015FD8E7383A60227A55661592A | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-09-23 17:36:50Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | LARRY R THOMPSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2700 NORTH TAMIAMI TRAIL | AddressLine1Txt |
| City | SARASOTA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34234 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $111,551,735 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.RINGLING.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1931 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | RINGLING COLLEGE OF ART AND DESIGN IS A SMALL, PRIVATE COLLEGE OFFERING PROGRAMS LEADING TO DEGREES THAT PREPARE STUDENTS TO BE DISCERNING VISUAL THINKERS AND ETHICAL PRACTITIONERS IN THEIR CHOSEN AREA OF ART AND DESIGN. RINGLING'S CURRICULUM BALANCES THE TEACHING OF TECHNICAL KNOWLEDGE AND SKILLS WITH THE DEVELOPMENT OF CRITICAL, CONCEPTUAL, AND CREATIVE ABILITIES AND SUPPORTS COURSES THAT PROVIDE HISTORICAL, MULTICULTURAL, GLOBAL, AND FUTURE PERSPECTIVES. IN ADDITION TO ITS DEGREE PROGRAM, RINGLING COLLEGE OFFERS COURSES, LECTURES, EXHIBITIONS, AND OTHER ART-RELATED SERVICES TO THE LOCAL AND REGIONAL COMMUNITY THROUGH ITS GALLERY, LIBRARY, CONTINUING EDUCATION, AND COMMUNITY SERVICE PROGRAMS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 40 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 38 | VotingMembersIndependentCnt |
| Total Employee | 1039 | TotalEmployeeCnt |
| Total Volunteers | 395 | TotalVolunteersCnt |
| Total Gross UBI | -$94,226 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$95,076 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $18,408,214 | PYContributionsGrantsAmt |
| CY Contributions Grants | $16,874,251 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $77,944,559 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $86,470,558 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,501,790 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,642,265 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$132,687 | PYOtherRevenueAmt |
| CY Other Revenue | -$216,284 | CYOtherRevenueAmt |
| PY Total Revenue | $97,721,876 | PYTotalRevenueAmt |
| CY Total Revenue | $105,770,790 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $15,982,572 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $18,117,856 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $31,778,080 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $34,513,549 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $140,609 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $81,656 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,812,532 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $35,817,459 | PYOtherExpensesAmt |
| CY Other Expenses | $38,190,212 | CYOtherExpensesAmt |
| PY Total Expenses | $83,718,720 | PYTotalExpensesAmt |
| CY Total Expenses | $90,903,273 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $14,003,156 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $14,867,517 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $325,120,576 | TotalAssetsBOYAmt |
| Total Assets EOY | $333,137,303 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $157,006,106 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $151,253,041 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $168,114,470 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $181,884,262 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $66,300,263 | ExpenseAmt |
| Grant | $17,764,679 | GrantAmt |
| Revenue | $70,775,527 | RevenueAmt |
| Desc | TUITION AND FEES: RINGLING COLLEGE OF ART AND DESIGN PROVIDES INSTRUCTION IN VISUAL ARTS EDUCATION TO OVER 1,400 STUDENTS IN FULLY ACCREDITED FOUR-YEAR DEGREE PROGRAMS LEADING TO BFA AND BA DEGREES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $11,650,280 | ExpenseAmt |
| Grant | $274,564 | GrantAmt |
| Revenue | $13,757,045 | RevenueAmt |
| Desc | AUXILIARY: RINGLING COLLEGE OF ART AND DESIGN OPERATES VARIOUS AUXILIARY ENTERPRISES INCLUDING DINING SERVICES, HOUSING, AND BOOKSTORE SERVICES IN SUPPORT OF A RESIDENTIAL COMMUNITY WHICH SUPPORTS STUDENT DEVELOPMENT AND FOR THE CONVENIENCE OF ITS STUDENTS, FACULTY AND STAFF. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,995,532 | ExpenseAmt |
| Grant | $78,613 | GrantAmt |
| Revenue | $1,937,986 | RevenueAmt |
| Desc | COMMUNITY OUTREACH: RINGLING COLLEGE OF ART AND DESIGN PROVIDES VISUAL AND LIBERAL ARTS INSTRUCTION FOR THE COMMUNITY THROUGH VARIOUS PROGRAMS ON A NON-CREDIT BASIS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $80,946,075 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| 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 | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (1) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | Yes (1) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | 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 |
| IRP Document | 2319 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1039 | 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 | 0 | ForeignFinancialAccountInd |
| 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 | 40 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 38 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | 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 | FL | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MONICA WAID | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9413597514 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2700 N TAMIAMI TRAIL | AddressLine1Txt |
| City | SARASOTA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34234 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (49 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| JEAN MARTIN | ||||||||
| CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| GEORGE MILES | ||||||||
| VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL KLEIN | ||||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ROSEMARY OBERNDORF | ||||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| RAVINDRANATH AKHOURY | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ALI M BAHAJ | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBERT BARTNER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD BASCH | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ALEX BEAVERS JR | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ELAINE CROUSE | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MAURICE CUNNIFFE | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ARIANE DART | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LINDA DICKINSON | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DEAN EISNER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JAMES ERICSON | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| HERMAN FRANKEL | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LARRY GARBERDING | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| TERI HANSEN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| STEVE HUTCHINSON | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM ISAAC | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| EDWARD H JENNINGS | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CHERYL LOEFFLER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| FLORA MAJOR | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RUSSELL MANK | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| NANCY MARKLE | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| FRANK MARTUCCI | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARY ANN MEYER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JONATHAN MITCHELL | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOEL MORGANROTH | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KARL NEWKIRK | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ISABEL NORTON | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BRANDON OLDENBURG | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SUSAN PALMER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CAROL PHILLIPS | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SAMUEL SAMELSON | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JANET B SCHMIDT | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| WILLIE M STANFIELD | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| STEVEN B STEIN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DALE STROHL | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PETER WEILL | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $55,080 | $0 | $0 | |||
| DR LARRY R THOMPSON | ||||||||
| PRESIDENT | 40.00 | Yes (X) | $669,114 | $0 | $44,644 | |||
| DR TRACY A WAGNER | ||||||||
| VP FOR FINANCE & ADMINISTRATION | 40.00 | Yes (X) | $225,702 | $0 | $32,855 | |||
| CHRISTINE C DEGEORGE | ||||||||
| VP FOR HUMAN & ORGANIZATIONAL DEV. | 40.00 | $211,485 | $0 | $27,903 | Yes (X) | |||
| DR PETER A MCALLISTER | ||||||||
| VP FOR ACADEMIC AFFAIRS | 40.00 | $193,573 | $0 | $21,653 | Yes (X) | |||
| DAVID H JACKSON | ||||||||
| ASSOCIATE VP FOR ACADEMIC AFFAIRS | 40.00 | $162,732 | $0 | $15,882 | Yes (X) | |||
| DR MAHMOUD PEGAH | ||||||||
| DIRECTOR OF INSTITUTIONAL TECHNOLOGY | 40.00 | $210,699 | $0 | $20,427 | Yes (X) | |||
| STACEY CORLEY | ||||||||
| VP FOR ADVANCEMENT | 40.00 | $197,842 | $0 | $27,843 | Yes (X) | |||
| DR TAMMY WALSH | ||||||||
| VP FOR STUDENT LIFE/DEAN OF STUDENTS | 40.00 | $174,931 | $0 | $18,889 | Yes (X) | |||
| JEFFREY SCHWARTZ | ||||||||
| ASSOCIATE VP FOR ACADEMIC AFFAIRS | 40.00 | $152,010 | $0 | $26,357 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,253,168 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $236,453 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 38 | 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 |
|---|---|---|---|---|---|
| WILLIS A SMITH CONSTRUCTION | |||||
| 5001 LAKEWOOD RANCH BLVD N | SARASOTA | FL | 34240 | CONSTRUCTION SERVICES | $23,450,447 |
| TOM WESSEL CONSTRUCTION CORP | |||||
| 2639 FRUITVILLE RD 303 | SARASOTA | FL | 34240 | CONSTRUCTION SERVICES | $3,318,766 |
| CHARTWELLS DINING SERVICES | |||||
| 2400 YORKMONT RD | CHARLOTTE | NC | 28217 | DINING SERVICES | $2,595,960 |
| CUSTODIAL MAINTENANCE INC | |||||
| 6222 TOWER LANE STE A-7 | SARASOTA | FL | 34240 | CUSTODIAL SERVICES | $1,321,194 |
| AYERSSAINTGROSS INCORPORATED | |||||
| 1040 HULL ST STE 100 | BALTIMORE | MD | 21230 | DESIGN SERVICES | $1,001,259 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 21 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $14,605 | MembershipDuesAmt |
| Fundraising | $482,651 | FundraisingAmt |
| Government Grants | $399,911 | GovernmentGrantsAmt |
| All Other Contributions | $15,977,084 | AllOtherContributionsAmt |
| Noncash Contributions | $1,230,914 | NoncashContributionsAmt |
| Total Contributions | $16,874,251 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION & FEES | 900099 | $70,775,527 | $70,775,527 |
| AUXILIARY SERVICES | 900099 | $13,757,045 | $13,757,045 |
| COMMUNITY OUTREACH | 900099 | $1,937,986 | $1,937,986 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $86,470,558 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,098,807 | TotalRevenueColumnAmt |
| Exclusion | $2,098,807 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $48,504 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,881 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $45,623 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $45,623 | TotalRevenueColumnAmt |
| Exclusion | $45,623 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,549,232 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,561,721 | SecuritiesAmt |
| Other | $444,053 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $987,511 | SecuritiesAmt |
| Other | -$444,053 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $543,458 | TotalRevenueColumnAmt |
| Exclusion | $543,458 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $408,277 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $482,651 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $709,298 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$301,021 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$94,226 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$206,795 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $4,655 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $7,557 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$2,902 | TotalRevenueColumnAmt |
| Exclusion | -$2,902 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $97,451 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $55,435 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $42,016 | TotalRevenueColumnAmt |
| Exclusion | $42,016 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $105,770,790 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $86,470,558 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$94,226 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,520,207 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $109,361 | TotalAmt |
| Program Services | $109,361 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,988,762 | TotalAmt |
| Program Services | $17,988,762 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,733 | TotalAmt |
| Program Services | $19,733 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,474,325 | TotalAmt |
| Management And General | $1,474,325 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,293,582 | TotalAmt |
| Program Services | $22,274,694 | ProgramServicesAmt |
| Management And General | $1,695,391 | ManagementAndGeneralAmt |
| Fundraising | $1,323,497 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $841,322 | TotalAmt |
| Program Services | $737,728 | ProgramServicesAmt |
| Management And General | $52,889 | ManagementAndGeneralAmt |
| Fundraising | $50,705 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,029,679 | TotalAmt |
| Program Services | $4,213,105 | ProgramServicesAmt |
| Management And General | $623,924 | ManagementAndGeneralAmt |
| Fundraising | $192,650 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,874,641 | TotalAmt |
| Program Services | $1,594,209 | ProgramServicesAmt |
| Management And General | $189,252 | ManagementAndGeneralAmt |
| Fundraising | $91,180 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,987 | TotalAmt |
| Management And General | $85,987 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $102,420 | TotalAmt |
| Management And General | $102,420 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,400 | TotalAmt |
| Management And General | $38,400 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,656 | TotalAmt |
| Fundraising | $81,656 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $102,402 | TotalAmt |
| Management And General | $102,402 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,988,739 | TotalAmt |
| Program Services | $8,178,769 | ProgramServicesAmt |
| Management And General | $282,552 | ManagementAndGeneralAmt |
| Fundraising | $527,418 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,046,275 | TotalAmt |
| Program Services | $746,325 | ProgramServicesAmt |
| Management And General | $178,574 | ManagementAndGeneralAmt |
| Fundraising | $121,376 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,548,253 | TotalAmt |
| Program Services | $1,730,765 | ProgramServicesAmt |
| Management And General | $691,890 | ManagementAndGeneralAmt |
| Fundraising | $125,598 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,511,578 | TotalAmt |
| Program Services | $1,324,984 | ProgramServicesAmt |
| Management And General | $123,047 | ManagementAndGeneralAmt |
| Fundraising | $63,547 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,131,797 | TotalAmt |
| Program Services | $3,886,866 | ProgramServicesAmt |
| Management And General | $195,053 | ManagementAndGeneralAmt |
| Fundraising | $49,878 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $886,127 | TotalAmt |
| Program Services | $821,563 | ProgramServicesAmt |
| Management And General | $28,379 | ManagementAndGeneralAmt |
| Fundraising | $36,185 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $450,327 | TotalAmt |
| Program Services | $322,364 | ProgramServicesAmt |
| Management And General | $83,016 | ManagementAndGeneralAmt |
| Fundraising | $44,947 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,510,114 | TotalAmt |
| Program Services | $3,941,819 | ProgramServicesAmt |
| Management And General | $568,295 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,566,947 | TotalAmt |
| Program Services | $11,934,760 | ProgramServicesAmt |
| Management And General | $532,608 | ManagementAndGeneralAmt |
| Fundraising | $99,579 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $633,136 | TotalAmt |
| Program Services | $621,456 | ProgramServicesAmt |
| Management And General | $8,742 | ManagementAndGeneralAmt |
| Fundraising | $2,938 | FundraisingAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | STUDENT RELATED EXPENSE | Desc |
| Total | $406,854 | TotalAmt |
| Program Services | $406,854 | ProgramServicesAmt |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $180,856 | TotalAmt |
| Program Services | $91,958 | ProgramServicesAmt |
| Management And General | $87,520 | ManagementAndGeneralAmt |
| Fundraising | $1,378 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,903,273 | TotalAmt |
| Program Services | $80,946,075 | ProgramServicesAmt |
| Management And General | $7,144,666 | ManagementAndGeneralAmt |
| Fundraising | $2,812,532 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $64,717,960 | BOYAmt |
| EOY | $28,049,741 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,283,738 | BOYAmt |
| EOY | $16,787,168 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $127,773 | BOYAmt |
| EOY | $228,804 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,024,245 | BOYAmt |
| EOY | $2,485,005 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $337,360,427 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $112,092,133 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $183,069,302 | BOYAmt |
| EOY | $225,268,294 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,319,461 | BOYAmt |
| EOY | $52,191,773 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,210 | BOYAmt |
| EOY | $14,733 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,561,887 | BOYAmt |
| EOY | $8,111,785 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $325,120,576 | BOYAmt |
| EOY | $333,137,303 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,447,179 | BOYAmt |
| EOY | $14,047,388 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,110,929 | BOYAmt |
| EOY | $1,319,260 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $125,645,858 | BOYAmt |
| EOY | $122,839,293 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $726,995 | BOYAmt |
| EOY | $435,830 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,500,000 | BOYAmt |
| EOY | $6,157,895 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,575,145 | BOYAmt |
| EOY | $6,453,375 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $157,006,106 | BOYAmt |
| EOY | $151,253,041 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $96,886,559 | BOYAmt |
| EOY | $109,456,223 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $44,586,058 | BOYAmt |
| EOY | $43,483,549 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,641,853 | BOYAmt |
| EOY | $28,944,490 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $168,114,470 | BOYAmt |
| EOY | $181,884,262 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $325,120,576 | BOYAmt |
| EOY | $333,137,303 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $14,867,517 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$1,001,338 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$96,387 | 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 | $16,832,493 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,987,621 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $15,048,698 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,408,214 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,874,251 | CurrentTaxYearAmt |
| Total | $79,151,277 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $16,832,493 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,987,621 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $15,048,698 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,408,214 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,874,251 | CurrentTaxYearAmt |
| Total | $79,151,277 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $7,475,568 | SubstantialContributorsTotAmt |
| Public Support Total170 | $71,675,709 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,856,891 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,631,081 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,306,309 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,730,708 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,147,311 | CurrentTaxYearAmt |
| Total | $8,672,300 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $87,823,577 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $354,005,529 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.81610 | PublicSupportCY170Pct |
| Public Support PY170 | 0.82700 | 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) |
|---|---|---|
| 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 | $43,979 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $43,979 | 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 | THE COLLEGE IS A MEMBER OF AN ASSOCIATION OF INDEPENDENT COLLEGES WHOSE LOBBYING ACTIVITIES ARE RELATED TO THE CONTINUATION OF FLORIDA EFFECTIVE ACCESS TO STUDENT EDUCATION WHICH BENEFITS FLORIDA STUDENTS AT PRIVATE COLLEGES. THE COLLEGE ALSO RETAINS A CONSULTING FIRM FOR REPRESENTATION AS NEEDED BEFORE THE FLORIDA LEGISLATURE, EXECUTIVE BRANCH, AND ANY OTHER LOCAL GOVERNMENT AGENCIES. | ExplanationTxt |
Schedule D IRS990ScheduleD
Held Works Art HeldWorksArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $1,041,300 | RevenuesIncludedAmt |
| Assets Included | $6,065,308 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | Yes (1) | SolicitedAssetsSaleInd |
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $53,129,338 | BeginningYearBalanceAmt |
| Contributions | $2,332,285 | ContributionsAmt |
| Investment Earnings Or Losses | $1,030,381 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,680,775 | GrantsOrScholarshipsAmt |
| Other Expenditures | $290,925 | OtherExpendituresAmt |
| End Year Balance | $54,520,304 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $47,488,859 | BeginningYearBalanceAmt |
| Contributions | $4,587,185 | ContributionsAmt |
| Investment Earnings Or Losses | $2,909,744 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,606,450 | GrantsOrScholarshipsAmt |
| Other Expenditures | $250,000 | OtherExpendituresAmt |
| End Year Balance | $53,129,338 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $42,091,138 | BeginningYearBalanceAmt |
| Contributions | $2,038,759 | ContributionsAmt |
| Investment Earnings Or Losses | $4,626,200 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,101,881 | GrantsOrScholarshipsAmt |
| Other Expenditures | $165,357 | OtherExpendituresAmt |
| End Year Balance | $47,488,859 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $45,846,003 | BeginningYearBalanceAmt |
| Contributions | $553,041 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,707,933 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,380,175 | GrantsOrScholarshipsAmt |
| Other Expenditures | $219,798 | OtherExpendituresAmt |
| End Year Balance | $42,091,138 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $43,107,326 | BeginningYearBalanceAmt |
| Contributions | $2,785,934 | ContributionsAmt |
| Investment Earnings Or Losses | $1,305,293 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,136,125 | GrantsOrScholarshipsAmt |
| Other Expenditures | $216,425 | OtherExpendituresAmt |
| End Year Balance | $45,846,003 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.37460 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.53090 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.09450 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $2,260,000 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $42,209,587 | OtherCostOrOtherBasisAmt |
| Book Value | $44,469,587 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $168,284,067 | OtherCostOrOtherBasisAmt |
| Depreciation | $72,174,199 | DepreciationAmt |
| Book Value | $96,109,868 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $866,449 | OtherCostOrOtherBasisAmt |
| Depreciation | $371,605 | DepreciationAmt |
| Book Value | $494,844 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $88,773,742 | OtherCostOrOtherBasisAmt |
| Depreciation | $38,073,561 | DepreciationAmt |
| Book Value | $50,700,181 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $34,966,582 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,472,768 | DepreciationAmt |
| Book Value | $33,493,814 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $225,268,294 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| ANNUITY PAYABLE | $1,112,130 |
| STUDENT DEPOSITS | $617,545 |
| CAPITAL LEASE OBLIGATION | $4,723,700 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $6,453,375 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $88,254,102 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$1,001,338 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $239,707 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$17,871,879 | OtherRevenueAmt |
| Revenue Not Reported | -$18,633,510 | RevenueNotReportedAmt |
| Revenue Subtotal | $106,887,612 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $102,402 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$1,219,224 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$1,116,822 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $105,770,790 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $74,484,310 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $239,707 | DonatedServicesUseFcltsAmt |
| Losses Reported | $444,053 | LossesReportedAmt |
| Other Expenses Included | $775,171 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,458,931 | ExpensesNotReportedAmt |
| Expenses Subtotal | $73,025,379 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $102,402 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $17,775,492 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $17,877,894 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $90,903,273 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 1A: | THE COLLEGE'S POLICY IS TO CAPITALIZE DONATED WORKS OF ART AT FAIR VALUE AND PURCHASED WORKS OF ART AT COST IF NOT PRESERVED AND HELD FOR PUBLIC EXHIBITION OR IF INTENDED TO BE SOLD WITHOUT PROCEEDS USED FOR PURCHASES OF WORKS OF ART. OF THE $8,111,785 AND $6,561,887 PRESENTED IN OTHER NON-CURRENT ASSETS ON THE STATEMENTS OF FINANCIAL POSITION, $6,065,308 AND $5,028,058 AS OF MAY 31, 2019 AND 2018, RESPECTIVELY, ARE DONATED WORKS OF ART WHICH ARE BEING HELD WITH THE INTENT OF RESALE AND DO NOT MEET THE DEFINITION OF A COLLECTION. THE COLLEGE'S COLLECTIONS INCLUDE WORKS OF ART THAT ARE MAINTAINED IN THE COLLEGE'S GALLERIES AND LIBRARY AND LOANED TO ON-CAMPUS DEPARTMENTS AND LOCAL ENTITIES. THESE COLLECTIONS ARE PROTECTED AND PRESERVED FOR PUBLIC EXHIBITION, EDUCATION AND RESEARCH. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED PERIODICALLY. THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE COLLEGE'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS IN THE STATEMENTS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED OR IN NET ASSETS WITH DONOR RESTRICTIONS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. |
| PART III, LINE 4: | THE COLLEGE'S COLLECTIONS INCLUDE PAINTINGS, PRINTS AND SCULPTURE REFLECTING A MYRIAD OF ARTISTIC STYLES DONATED BY INDIVIDUALS TO THE COLLEGE FOR SELECTIVE PUBLIC DISPLAY. THE COLLECTION SERVES AS AN IMPORTANT CULTURAL RESOURCE FOR OUR STUDENTS, FACULTY, STAFF AND COMMUNITY SERVING TO EDUCATE AND INSPIRE. THE COLLEGE'S COLLECTIONS INCLUDE WORKS OF ART THAT ARE MAINTAINED IN THE COLLEGE'S GALLERIES AND LIBRARY AND LOANED TO ON-CAMPUS DEPARTMENTS AND LOCAL ENTITIES. THESE COLLECTIONS ARE PROTECTED AND PRESERVED AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED PERIODICALLY. |
| PART IV, LINE 2B: | FUNDS HELD IN CUSTODY FOR OTHERS PRIMARILY RELATES TO STUDENT ORGANIZATIONS. |
| PART V, LINE 4: | ENDOWMENT FUNDS ARE USED TO SUPPORT STUDENT SCHOLARSHIPS, ACADEMIC PROGRAMS AND INSTITUTIONAL SUPPORT. |
| PART X, LINE 2: | A RULING FROM THE U.S. TREASURY DEPARTMENT, DATED MAY 19, 1938, STATES THAT RINGLING SCHOOL OF ART AND DESIGN IS EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF 101(6) OF THE REVENUE ACT OF 1936, WHICH IS NOW 501(C)(3) OF THE 1986 CODE. HOWEVER, THE COLLEGE'S UNRELATED BUSINESS INCOME IS SUBJECT TO INCOME TAX AT CORPORATE RATES. THE COLLEGE'S POLICY IS TO RECORD A LIABILITY FOR ANY BENEFICIAL TAX POSITION, EXCLUDING ANY RELATED INTEREST AND PENALTIES, WHEN IT IS MORE LIKELY THAN NOT THE POSITION TAKEN BY MANAGEMENT WITH RESPECT TO A TRANSACTION OR CLASS OF TRANSACTIONS WILL BE OVERTURNED BY A TAXING AUTHORITY UPON EXAMINATION. MANAGEMENT BELIEVES THERE ARE NO SUCH POSITIONS AS OF MAY 31, 2019 AND MAY 31, 2018 AND, ACCORDINGLY, NO LIABILITY HAS BEEN ACCRUED. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | SCHOLARSHIP ALLOWANCE SHOWN NET OF REVENUE ON FINANCIALS -17,422,315. AUXILIARY ALLOWANCE (SCHOLARSHIPS) -274,564. CSSP & ART CENTER (SCHOLARSHIPS) -78,613. CHANGE IN VALUE OF GIFTED ARTWORK -2,900. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -93,487. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RENTAL EXPENSES -2,881. FUNDRAISING EVENT EXPENSES -709,298. GAMING ACTIVITIES EXPENSES -7,557. COST OF GOODS SOLD -55,435. LOSS ON EQUIPMENT -444,053. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES 2,881. FUNDRAISING EVENT EXPENSES 709,298. GAMING ACTIVITIES EXPENSES 7,557. COST OF GOODS SOLD 55,435. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SCHOLARSHIP ALLOWANCE SHOWN NET OF REVENUE ON FINANCIALS 17,422,315. AUXILIARY ALLOWANCE (SCHOLARSHIPS) 274,564. CSSP & ART CENTER (SCHOLARSHIPS) 78,613. |
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 POLICY IS PUBLISHED ON THE COLLEGE'S WEBSITE FOR PROSPECTIVE STUDENT APPLICANTS. |
| SCHEDULE E, PART I, LINE 6 | FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENTAL AGENCY IS DISTRIBUTED TO STUDENTS USING FEDERALLY APPROVED FINANCIAL NEED ANALYSIS CRITERIA. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (17 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | PROGRAM SERVICES | RECRUITING | $3,966 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | PROGRAM SERVICES | STUDY ABROAD | $331 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | PROGRAM SERVICES | RECRUITING | $89,996 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | PROGRAM SERVICES | SEMINARS & CONFERENCES | $353 |
| EUROPE (INCLUDING ICELAND AND GREENLAND) | 0 | 0 | FUNDRAISING | $267,580 | |
| EUROPE (INCLUDING ICELAND AND GREENLAND) | 0 | 0 | PROGRAM SERVICES | GRANTMAKING | $7,763 |
| EUROPE (INCLUDING ICELAND AND GREENLAND) | 0 | 0 | PROGRAM SERVICES | RECRUITING | $24,965 |
| EUROPE (INCLUDING ICELAND AND GREENLAND) | 0 | 0 | PROGRAM SERVICES | RESEARCH | $2,500 |
| EUROPE (INCLUDING ICELAND AND GREENLAND) | 0 | 0 | PROGRAM SERVICES | SEMINARS & CONFERENCES | $5,302 |
| EUROPE (INCLUDING ICELAND AND GREENLAND) | 0 | 0 | PROGRAM SERVICES | STUDY ABROAD | $502 |
| EUROPE (INCLUDING ICELAND AND GREENLAND) | 0 | 0 | GRANTS TO RECIPIENTS LOCATED IN REGION | $10,425 | |
| MIDDLE EAST AND NORTH AFRICA | 0 | 0 | PROGRAM SERVICES | RECRUITING | $1,217 |
| NORTH AMERICA | 0 | 0 | PROGRAM SERVICES | SEMINARS & CONFERENCES | $20,561 |
| RUSSIA AND NEIGHBORING STATES | 0 | 0 | PROGRAM SERVICES | RECRUITING | $656 |
| SOUTH AMERICA | 0 | 0 | PROGRAM SERVICES | GRANTMAKING | $1,545 |
| SOUTH AMERICA | 0 | 0 | PROGRAM SERVICES | RECRUITING | $8,858 |
| SOUTH ASIA | 0 | 0 | PROGRAM SERVICES | RECRUITING | $9,873 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $397,454 | SubtotalSpentAmt |
| Continuation Spent | $58,939 | ContinuationSpentAmt |
| Total Spent | $456,393 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (3 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|---|
| STUDY ABROAD TUITION | EUROPE | 1 | $10,425 | CHECK |
| PASS-THROUGH GRANT | EUROPE | 3 | $7,763 | CHECK |
| PASS-THROUGH GRANT | SOUTH AMERICA | 1 | $1,545 | CHECK |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | THE ORGANIZATION FACILITATES FUNDING OF STUDENT PROJECTS RELATED TO THE INSTITUTIONAL MISSION, WHICH MAY OCCUR IN A FOREIGN COUNTRY. ALL EXPENSES ARE SUBSTANTIATED UNDER AN ACCOUNTABLE PLAN TO ENSURE APPROPRIATE USE OF FUNDS. |
| PART I, LINE 3: | EXPENDITURES ARE RECORDED ON AN ACCRUAL BASIS. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|---|---|---|---|
| KAREN EBER DAVIS CONSULTING | ||||||||
| 2707 GREENDALE DRIVE 101 | SARASOTA | FL | 34232 | GRANT WRITER | 0 | $5,000 | $0 | $5,000 |
| BENTZ WHALEY FLESSNER | ||||||||
| 7251 OHMS LANE | MINNEAPOLIS | MN | 55439 | STRATEGIC FUNDRAISING CONSULTANT | 0 | $0 | $32,105 | -$32,105 |
| C-SQUARED ENTERPRISES LLC | ||||||||
| 7795 HOLIDAY DRIVE NORTH | SARASOTA | FL | 34231 | STRATEGIC FUNDRAISING CONSULTANT | 0 | $0 | $48,078 | -$48,078 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $5,000 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $80,183 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$75,183 | TotalNetToOrganizationAmt |
| Licensed States | FL | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | AVANT GARDE | Event1Nm |
| Gross Receipts Event1 | $462,157 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $308,842 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $153,315 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $15,614 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $93,180 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $50 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $153,938 | OtherDirectExpensesEvent1Amt |
| Event2 | ART TOUR | Event2Nm |
| Gross Receipts Event2 | $175,433 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $175,433 | GrossRevenueEvent2Amt |
| Entertainment Event2 | $238,845 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $30,814 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 3 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $253,338 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $173,809 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $79,529 | GrossRevenueOtherEventsAmt |
| Rent Fclty Costs Other Events | $16,990 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $95,705 | FoodAndBeverageOtherEventsAmt |
| Oth Direct Expnss Other Events | $64,162 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $890,928 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $482,651 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $408,277 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $32,604 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $188,885 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $238,895 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $248,914 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $709,298 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$301,021 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| AMERICAN JEWISH COMMITTEE | |||||||
| 1605 MAIN STREET SUITE 612 | SARASOTA | FL | 34236 | 135563393 | 501(C)(3) | $10,000 | GENERAL SUPPORT |
| PINC CONFERENCES LLC | |||||||
| 238 S LINKS AVE | SARASOTA | FL | 34236 | 465617978 | $40,875 | SUPPORT LOCAL CONFERENCE SHOWCASING INNOVATIVE SPEAKERS | |
| JETSON'S CREATIVE TREND | |||||||
| 2741 NO OSPREY AVENUE | SARASOTA | FL | 34234 | 592726466 | $12,810 | SUPPORT RENOVATIONS FOR HISTORY AND ART GALLERY FOR NEWTOWN COMMUNITY | |
| ECONOMIC DEVELOPMENT CORPORATION | |||||||
| 1680 FRUITVILLE ROAD SUITE 402 | SARASOTA | FL | 34236 | 201133191 | 501(C)(6) | $8,330 | SUPPORT ORGANIZATION THAT WORKS WITH SARASOTA COUNTY TO STRENGTHEN THE COMMUNITY |
| CAREERSOURCE SUNCOAST | |||||||
| 1112 MANATEE AVE EAST | BRADENTON | FL | 34208 | 592334811 | 501(C)(3) | $9,212 | GENERAL SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
| Total Other Org | 3 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| SCHOLARSHIPS & GRANTS | 1440 | $17,892,899 |
| CSSP & ART CENTER SCHOLARSHIPS | 82 | $78,613 |
| STUDENT AWARDS | 24 | $17,250 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | DISBURSEMENTS TO STUDENTS RECEIVING FINANCIAL AID ARE MADE IN ACCORDANCE WITH INSTITUTIONAL PROCEDURES TO ENSURE THAT THOSE RECEIVING AID ARE QUALIFYING RECIPIENTS. FEDERAL FINANCIAL AID AND/OR ASSISTANCE FROM GOVERNMENTAL AGENCIES IS DISTRIBUTED AND MONITORED IN ACCORDANCE WITH FEDERALLY APPROVED NEED ANALYSIS CRITERIA OR OTHER AGENCY PROVIDED CRITERIA. IN ADDITION TO STUDENT FINANCIAL AID, THE COLLEGE ALSO PROVIDES ASSISTANCE TO ORGANIZATIONS IN SUPPORT OF COMMUNITY GOALS THAT ALIGN WITH THE MISSION OF THE COLLEGE. AS THE COLLEGE IS SELECTIVE IN WHICH ORGANIZATIONS IT SUPPORTS, MONITORING OF THE FUNDS IS NOT A PART OF THE AWARD PROCESS AFTER FUNDING HAS TAKEN PLACE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | 0 | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DR LARRY R THOMPSON | ||||||||||||||
| PRESIDENT | $370,896 | $0 | $65,000 | $0 | $233,218 | $0 | $13,750 | $0 | $31,370 | $0 | $714,234 | $0 | $104,156 | $0 |
| DR TRACY A WAGNER | ||||||||||||||
| VP FOR FINANCE & ADMINISTRATION | $187,294 | $0 | $0 | $0 | $38,408 | $0 | $15,400 | $0 | $18,277 | $0 | $259,379 | $0 | $0 | $0 |
| CHRISTINE C DEGEORGE | ||||||||||||||
| VP FOR HUMAN & ORGANIZATIONAL DEV. | $190,837 | $0 | $0 | $0 | $20,648 | $0 | $10,271 | $0 | $18,454 | $0 | $240,210 | $0 | $0 | $0 |
| DR PETER A MCALLISTER | ||||||||||||||
| VP FOR ACADEMIC AFFAIRS | $182,626 | $0 | $0 | $0 | $10,947 | $0 | $9,793 | $0 | $12,679 | $0 | $216,045 | $0 | $0 | $0 |
| DAVID H JACKSON | ||||||||||||||
| ASSOCIATE VP FOR ACADEMIC AFFAIRS | $152,987 | $0 | $0 | $0 | $9,745 | $0 | $8,052 | $0 | $8,574 | $0 | $179,358 | $0 | $0 | $0 |
| DR MAHMOUD PEGAH | ||||||||||||||
| DIRECTOR OF INSTITUTIONAL TECHNOLOGY | $187,953 | $0 | $0 | $0 | $22,746 | $0 | $10,529 | $0 | $10,720 | $0 | $231,948 | $0 | $0 | $0 |
| STACEY CORLEY | ||||||||||||||
| VP FOR ADVANCEMENT | $170,436 | $0 | $0 | $0 | $27,406 | $0 | $9,897 | $0 | $18,767 | $0 | $226,506 | $0 | $0 | $0 |
| DR TAMMY WALSH | ||||||||||||||
| VP FOR STUDENT LIFE/DEAN OF STUDENTS | $166,932 | $0 | $0 | $0 | $7,999 | $0 | $1,687 | $0 | $17,962 | $0 | $194,580 | $0 | $0 | $0 |
| JEFFREY SCHWARTZ | ||||||||||||||
| ASSOCIATE VP FOR ACADEMIC AFFAIRS | $143,409 | $0 | $0 | $0 | $8,601 | $0 | $8,413 | $0 | $18,689 | $0 | $179,112 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | DR. LARRY R. THOMPSON, PRESIDENT, RECEIVES A TAXABLE HOUSING ALLOWANCE AND GROSS-UP PAYMENT WHICH IS REPORTED AS REPORTABLE COMPENSATION ON FORM 990, PAGE 7, PART VII, SECTION A, COLUMN D AND SCHEDULE J, PAGE 2, PART II, COLUMN B(III). THE ORGANIZATION PAYS COUNTRY CLUB AND SOCIAL CLUB DUES ON BEHALF OF DR. LARRY R. THOMPSON, PRESIDENT. PERSONAL USE IS NOT REIMBURSED, BUT THE PAYMENT FOR COUNTRY CLUB AND SOCIAL CLUB DUES IS TAXABLE TO THE EMPLOYEE AND IS REPORTED AS REPORTABLE COMPENSATION ON FORM 990, PAGE 7, PART VII, SECTION A, COLUMN D AND SCHEDULE J, PAGE 2, PART II, COLUMN B(III). THE ORGANIZATION PROVIDED A GROSS-UP PAYMENT TO LARRY R. THOMPSON, PRESIDENT, FOR THE TAXES ON THE PORTION OF COUNTRY CLUB AND SOCIAL CLUB DUES ATTRIBUTABLE TO BUSINESS USE. THE ORGANIZATION PAID FOR TAXABLE PHYSICIAN SERVICES ON BEHALF OF DR. LARRY R. THOMPSON, PRESIDENT, WHICH IS REPORTED AS REPORTABLE COMPENSATION ON FORM 990, PAGE 7, PART VII, SECTION A, COLUMN D AND SCHEDULE J, PAGE 2, PART II, COLUMN B(III). THE ORGANIZATION PAYS YACHT CLUB DUES ON BEHALF OF STACEY CORLEY, VICE PRESIDENT FOR ADVANCEMENT. PERSONAL USE IS NOT REIMBURSED, BUT THE PAYMENT FOR YACHT CLUB DUES IS TAXABLE TO THE EMPLOYEE AND IS REPORTED AS REPORTABLE COMPENSATION ON FORM 990, PAGE 7, PART VII, SECTION A, COLUMN D AND SCHEDULE J, PAGE 2, PART II, COLUMN B(III). THE ORGANIZATION PROVIDED A GROSS-UP PAYMENT TO STACEY CORLEY, VICE PRESIDENT FOR ADVANCEMENT FOR THE TAXES ON THE PORTION OF YACHT CLUB DUES ATTRIBUTABLE TO BUSINESS USE. THE COLLEGE ALSO PAYS FOR CERTAIN TRAVEL EXPENSES FOR DR. THOMPSON'S SPOUSE WHEN IT SERVES THE NEEDS OF THE COLLEGE TO HAVE HIS SPOUSE PRESENT FOR VARIOUS COLLEGE FUNCTIONS. THIS IS TREATED AS NONTAXABLE SINCE HER ATTENDANCE IS REQUIRED FOR CERTAIN DONOR EVENTS. THESE ITEMS GO THROUGH BOARD APPROVAL TO ENSURE THAT A BUSINESS PURPOSE EXISTS. |
| PART I, LINE 1B | THE BOARD OF TRUSTEES EXECUTIVE COMMITTEE DETERMINED THAT THE COLLEGE WOULD PROVIDE THE HOUSING ALLOWANCE, GROSS-UP PAYMENTS, SOCIAL CLUB DUES, AND PHYSICIAN SERVICES FOR THE PRESIDENT (DESCRIBED ABOVE) AND THOSE BENEFITS ARE INCLUDED IN THE PRESIDENT'S APPOINTMENT LETTER FROM THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES EXECUTIVE COMMITTEE DETERMINED THAT THE PRESIDENT COULD AUTHORIZE THE COLLEGE TO PROVIDE THE YACHT CLUB DUES FOR STACEY CORLEY, VICE PRESIDENT FOR ADVANCEMENT, AND THOSE BENEFITS ARE INCLUDED IN HER LETTER OF APPOINTMENT. THE BOARD OF TRUSTEES EXECUTIVE COMMITTEE DETERMINED THAT PRESIDENT, DR. LARRY R. THOMPSON COULD AUTHORIZE THE COLLEGE TO PROVIDE A GROSS-UP PAYMENT TO STACEY CORLEY, VICE PRESIDENT FOR ADVANCEMENT FOR THE TAXES ON THE PORTION OF YACHT CLUB DUES ATTRIBUTABLE TO BUSINESS USE. |
| PART I, LINE 4B | THE BOARD OF TRUSTEES ESTABLISHED A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN DESCRIBED IN SECTION 457(F) OF THE IRS CODE FOR DR. LARRY R. THOMPSON, PRESIDENT, EFFECTIVE JUNE 1, 2012 WITH AN INITIAL VESTING AND DISTRIBUTION DATE OF MAY 31, 2015 AND A SUBSEQUENT VESTING DATE OF MAY 31, 2018. THE PLAN BALANCE AS OF MAY 31, 2018 WAS $104,156, WHICH CONSISTED OF CONTRIBUTIONS EARNED OVER THREE YEARS OF SERVICE (JUNE 1, 2015 THROUGH MAY 31, 2018) ALREADY REPORTED AS DEFERRED COMPENSATION IN PRIOR FORMS 990 AND CREDITED TO DR. THOMPSON ON MAY 31, 2018. THIS AMOUNT WAS REPORTED AS REPORTABLE COMPENSATION ON FORM 990, PAGE 7, PART VII, SECTION A, COLUMN D AND SCHEDULE J, PAGE 2, PART II, COLUMN B(III) AND COLUMN F. THE PLAN TERMINATED ON MAY 31, 2018. |
| PART I, LINE 7 | BASED ON THE PERFORMANCE OF THE INSTITUTION, THE BOARD OF TRUSTEES DETERMINED THAT DR. LARRY R. THOMPSON, PRESIDENT WOULD RECEIVE A BONUS OF $65,000. THE BOARD OF TRUSTEES DETERMINES ANNUALLY WHETHER A BONUS IS TO BE PAID AND THE AMOUNT. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| HIGHER EDUCATION FACILITIES FINANCING AUTHORITY | ||||||||
| A | 900058227 | 34073TKB2 | 2017-11-01 | $99,656,259 | REFUND SERIES 2010; FUND 2017 PROJECT (LIBRARY, ETC.) | 0 | 0 | 0 |
| HIGHER EDUCATION FACILITIES FINANCING AUTHORITY | ||||||||
| B | 900058227 | 000000000 | 2019-05-31 | $13,370,000 | CURRENTLY REFUND SERIES 2009 ISSUE | 0 | 0 | 0 |
| HIGHER EDUCATION FACILITIES FINANCING AUTHORITY | ||||||||
| C | 900058227 | 000000000 | 2019-05-31 | $12,045,000 | CURRENTLY REFUND SERIES 2014 ISSUE | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Capitalized InterestCapitalizedInterestAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Substantial CompletionSubstantialCompletionYr |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $100,428,109 | $1,446,748 | $886,215 | $35,911,435 | $43,500,000 | $18,683,711 | Yes (1) | 0 | 0 | Yes (1) | |
| B | $13,370,000 | $13,370,000 | Yes (1) | 0 | Yes (1) | Yes (1) | 2006 | ||||
| C | $12,045,000 | $12,045,000 | Yes (1) | 0 | Yes (1) | Yes (1) | 2009 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | Yes (1) | Yes (1) | 0 | 0.01400 | 0.00000 | 0.01400 | 0 | 0 | Yes (1) |
| B | 0 | 0 | Yes (1) | Yes (1) | 0 | 0.01900 | 0.00000 | 0.01900 | 0 | 0 | Yes (1) |
| C | 0 | 0 | Yes (1) | Yes (1) | 0 | 0.04500 | 0.00000 | 0.04500 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 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 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | Yes (1) | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | Yes (1) | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE B, ITEM E | DATE ISSUED: ORIGINALLY ISSUED ON 12/01/2009; REISSUED FOR FEDERAL TAX PURPOSES ON 5/31/2019 |
| PART I, LINE C, ITEM E | DATE ISSUED: ORIGINALLY ISSUED ON 06/04/2014; REISSUED FOR FEDERAL TAX PURPOSES ON 5/31/2019 |
| PART II, LINE 3, COLUMN A | INCLUDES INVESTMENT EARNINGS |
| PART II, LINE 11, COLUMNS A & B & C | PROCEEDS WERE SPENT TO CURRENTLY REFUND REFUNDED BONDS OR OTHER DEBT |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash Grant | $10,000 | CashGrantAmt |
| Type Of Assistance | SCHOLARSHIP | TypeOfAssistanceTxt |
| Assistance Purpose | MERIT | AssistancePurposeTxt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,041,300 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV/APPRAISAL | MethodOfDeterminingRevenuesTxt |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $29,860 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV/APPRAISAL | MethodOfDeterminingRevenuesTxt |
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $2,259 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 10 | ContributionCnt |
| Noncash Contributions Rpt F990 | $156,231 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | ART SUPPLIES | Desc |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,264 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 3 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 32B: | FormAndLineReferenceDesc |
| Explanation | THIRD PARTY AUCTION COMPANIES ARE HIRED TO LIQUIDATE ARTWORK DONATIONS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 1 | RINGLING COLLEGE OF ART AND DESIGN, INC'S PRIMARY MISSION IS TO PROVIDE PROGRAMS LEADING TO DEGREES THAT PREPARE STUDENTS TO BE DISCERNING VISUAL THINKERS AND ETHICAL PRACTITIONERS IN THEIR CHOSEN AREA OF ART AND DESIGN. RINGLING COLLEGE OF ART AND DESIGN STRIVES TO ENROLL BOTH FULL- AND PART-TIME STUDENTS FROM DIVERSE BACKGROUNDS WHO INTEND TO BECOME PROFESSIONALS IN THE VISUAL ARTS. THROUGH ITS POLICIES AND PRACTICES, THE COLLEGE SUPPORTS EXCELLENCE IN TEACHING AND FOSTERS THE AESTHETIC, INTELLECTUAL, PROFESSIONAL, PERSONAL, AND SOCIAL DEVELOPMENT OF ITS STUDENTS. ACADEMIC PROGRAMS AND ADVISING, CAREER SERVICES, AND AN EXTENSIVE CO-CURRICULAR STUDENT LIFE PROGRAM PREPARE STUDENTS FOR AN ART OR DESIGN PROFESSION, OR WHEN APPROPRIATE, FOR CONTINUED STUDIES ON THE GRADUATE LEVEL. IN ADDITION TO ITS DEGREE PROGRAM, RINGLING COLLEGE OFFERS COURSES, LECTURES, EXHIBITIONS AND OTHER ART-RELATED SERVICES TO THE LOCAL AND REGIONAL COMMUNITY THROUGH ITS GALLERY, LIBRARY, CONTINUING EDUCATION, AND COMMUNITY SERVICE PROGRAMS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE AUDIT COMMITTEE REVIEWS THE DRAFT REPORT WITH THE INDEPENDENT AUDIT FIRM AND COLLEGE STAFF PRIOR TO THE PUBLIC DISCLOSURE COPY BEING PROVIDED TO THE BOARD OF TRUSTEES. THIS MAINTAINS THE DONORS' REQUESTS TO REMAIN ANONYMOUS. |
| FORM 990, PART VI, SECTION B, LINE 12C | IN THE EVENT OF A POTENTIAL CONFLICT, THE TRUSTEE IN QUESTION WILL RECUSE THEMSELVES FROM ANY DISCUSSION OR VOTE. THE COLLEGE ANNUALLY PROVIDES A CONFLICT OF INTEREST POLICY AND FORM TO ALL TRUSTEES AND KEY EMPLOYEES TO DISCLOSE ALL CONFLICTS OF INTEREST. THESE RESPONSES ARE REVIEWED TO DETERMINE IF THERE ARE ANY POTENTIAL ISSUES OR ITEMS FOR DISCLOSURE. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE PRESIDENT IS EVALUATED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE COMPENSATION COMMITTEE, A SUB-COMMITTEE OF THE EXECUTIVE COMMITTEE, IS RESPONSIBLE FOR THE ANNUAL EVALUATION AND FOR RECOMMENDATIONS CONCERNING COMPENSATION, PERSONNEL ACTIONS AND OTHER EMPLOYMENT ISSUES RELATED TO THE APPOINTMENT OF THE PRESIDENT. THE COMPENSATION COMMITTEE CONDUCTS AN ANNUAL PERFORMANCE APPRAISAL, COLLECTS AND EVALUATES COMPARATIVE SALARY DATA FROM THE ASSOCIATION OF INDEPENDENT COLLEGES OF ART AND DESIGN (AICAD) AND 990 DATA, AND PROVIDES A RECOMMENDATION FOR THE PRESIDENT'S ANNUAL COMPENSATION TO THE EXECUTIVE COMMITTEE. THE PROCESS REQUIRES THE MEMBERS OF THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES AND/OR THE FULL BOARD OF TRUSTEES TO COMPLETE PERFORMANCE ASSESSMENT FORMS. THE COMPENSATION COMMITTEE REVIEWS THE ASSESSMENT AND PREPARES A RECOMMENDATION FOR THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE REVIEWS THE DELIBERATIONS WITH THE BOARD OF TRUSTEES. THE PRESIDENT EVALUATES AND DETERMINES THE COMPENSATION OF EACH SENIOR OFFICER USING AICAD DATA. THE PRESIDENT REVIEWS THE COMPARATIVE DATA FOR EACH OF THE SENIOR OFFICERS WITH THE COMPENSATION COMMITTEE. THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION, THE VICE PRESIDENT FOR ACADEMIC AFFAIRS, THE VICE PRESIDENT FOR HUMAN AND ORGANIZATIONAL DEVELOPMENT, THE VICE PRESIDENT FOR ADVANCEMENT, AND THE VICE PRESIDENT FOR STUDENT LIFE ARE SENIOR OFFICERS. EACH SENIOR OFFICER COMPLETES AN ANNUAL REPORT FOR THE PRESIDENT'S REVIEW. THE COLLEGE EVALUATES THE EFFECTIVENESS OF STAFF THROUGH THE PERFORMANCE EVALUATION PROCESS. DOCUMENTATION INCLUDES NOTES TAKEN AT THE COMPENSATION COMMITTEE MEETINGS OF DATA REVIEW AND DELIBERATIONS. ANNUAL ASSESSMENT DOCUMENTS FOR THE PRESIDENT ARE ALSO MAINTAINED. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -93,487. CHANGE IN VALUE OF GIFTED ARTWORK -2,900. |