2019-03-15T17:00:08-05:00 2018-06-30 350921680 CROWE LLP 155 West Nationwide Blvd Suite 500 Columbus OH 432152570 990 2017-07-01 314379584 Marietta College MARI 7403764720 215 Fifth Street Marietta OH 45750 Michele L Marra Treasurer 2019-03-15 true Rachel Spurlock P00520729 6144690001 2017 2019-02-21 02:37:17Z Michele L Marra 215 Fifth Street Marietta OH 45750 102533118 false X www.marietta.edu X 1835 OH Marietta College provides a strong foundation for a lifetime of leadership, critical thinking, and problem solving. Intellectual and creative excellence defines the Marietta experience. 28 27 1094 27 0 0 8292294 12804345 49700325 46330900 4459329 8098497 195 0 62452143 67233742 16831814 17132779 0 0 21450611 22898744 3148 0 1070895 19683248 21716054 57968821 61747577 4483322 5486165 204745491 207623408 39604906 38189306 165140585 169434102 Marietta College (MC) provides a strong foundation for a lifetime of leadership, critical thinking, and problem solving. We achieve this mission by offering undergraduates a contemporary liberal arts education and graduate students an education grounded in advanced knowledge and professional practice. Intellectual and creative excellence defines the Marietta experience. false false 55576810 17132779 46330900 CHARTERED IN 1835, MARIETTA COLLEGE (MC) IS A PRIVATE, NOT-FOR-PROFIT INSTITUTION OF HIGHER EDUCATION WHICH PROVIDES EDUCATION IN UNDERGRADUATE PROGRAMS IN LIBERAL ARTS AND SCIENCES AND IN SELECTED AREAS AT THE MASTER'S LEVELS. THE COLLEGE'S REVENUES ARE PREDOMINANTLY DERIVED FROM STUDENT TUITION, ROOM, BOARD AND OTHER FEES. MC OFFERS INSTRUCTION TO STUDENTS IN A LEARNING ENVIRONMENT THAT IS CULTURALLY AND GEOGRAPHICALLY DIVERSE, WITH STUDENTS COMING FROM 30 STATES AND 11 COUNTRIES. STUDENTS CAN BLEND A STRONG LIBERAL ARTS CURRICULUM WITH A VARIETY OF MAJORS AND DEVELOP CONCENTRATIONS IN AREAS SUCH AS LEADERSHIP, FINANCE, AND ASIAN STUDIES. IN ADDITION TO THE MORE TRADITIONAL LIBERAL ARTS PROGRAMS, MC OFFERS SEVERAL INNOVATIVE CAREER-ORIENTED DEGREE PROGRAMS, E.G., SPORTS MEDICINE, COMPUTER SCIENCE, PETROLEUM ENGINEERING AND ENVIRONMENTAL SCIENCE. A STUDENT'S EDUCATIONAL EXPERIENCE IS ENHANCED THROUGH PARTICIPATION IN SPECIAL CO-AND EXTRA-CURRICULAR OPPORTUNITIES, SUCH AS THE FIRST-YEAR STUDENT PROGRAM, MC'S INTERNATIONAL COMMUNITY, THE MCDONOUGH LEADERSHIP PROGRAM, INVESTIGATIVE STUDIES, AND MC'S HONOR PROGRAM. 55576810 true true false false false false true false true true true false true true true true false true true true false false false false false false false true true true false false false false false false true false true false true true false false false true false false false true 1410 0 true 1094 true true true false false false false false true false false false X 28 27 false false false false false false false true true false false true true true true true true true true false X MICHELE L MARRA 7403764720 215 FIFTH STREET Marietta OH 45750 George W Fenton Chair, Board of Trustees 1.0 X X 0 0 0 Patricia A Kral Zecchi Vice Chair, Board of Trustees 1.0 X X 0 0 0 William N Ruud President 40.0 X X 346475 0 82702 Robert M Brucken Trustee 1.0 X 0 0 0 T Grant Callery Trustee 1.0 X 0 0 0 Christopher Cortez Trustee 1.0 X 0 0 0 Jan D Dils Trustee 1.0 X 0 0 0 Harry H Esbenshade III Trustee 1.0 X 0 0 0 Andrew D Ferguson Trustee 1.0 X 0 0 0 James B Fryfogle Trustee 1.0 X 0 0 0 Richard A Galen Trustee 1.0 X 0 0 0 Susan M Hayes Trustee 1.0 X 0 0 0 Mary P Korn Trustee 1.0 X 0 0 0 Michael D Milone Trustee 1.0 X 0 0 0 Michael L Moffitt Trustee 1.0 X 0 0 0 Kathleen M Murphy Trustee 1.0 X 0 0 0 Kevin R O'Neill Trustee 1.0 X 0 0 0 Stephanie K Peloquin Trustee 1.0 X 0 0 0 Barbara A Perry Fitzgerald Trustee 1.0 X 0 0 0 Marc R Poncione Trustee 1.0 X 0 0 0 Jason C Rebrook Trustee 1.0 X 0 0 0 Ronald E Rinard Trustee 1.0 X 0 0 0 Leslie C Ritter Trustee 1.0 X 0 0 0 Michael J Salvino Trustee 1.0 X 0 0 0 Charles W Sulerzyski Trustee 1.0 X 0 0 0 Elliot L Thrasher II Trustee 1.0 X 0 0 0 Matthew B Weekley Trustee 1.0 X 0 0 0 Jo Ellen Yeary Trustee 1.0 X 0 0 0 Michele L Marra Treasurer & VP Finance & Adm 40.0 X 162168 0 14840 Mark Miller Secretary & Associate Provost 40.0 X 85754 0 24664 Janet Bland Provost 40.0 X 155312 0 25032 Angela Anderson VP of Advancement 40.0 X 127031 0 5687 Miranda Collins Program Director, Assoc. Professor - P.A. Dept. 40.0 X 122558 0 5687 Richard Danford VP of Student Life and Diversity 40.0 X 116360 0 73371 Dave Freeman Professor/ Dept. Chair 40.0 X 121908 0 23707 Gamaliel Perruci Dean of McDonough Leadship Center/Professor 40.0 X 104075 0 29426 1341641 0 285116 12 false true false TRI-STATE ROOFING AND SHEET METAL 101 SOUTH MEADVILLE RD DAVISVILLE WV 26142 CONSTRUCTION 566392 GRAE-CON ELECTRIC LLC 101 INDUSTRY ROAD MARIETTA OH 45750 CONSTRUCTION 382671 ROYALL AND COMPANY 1920 E PARHAM ROAD RICHMOND VA 23228 CONSULTING 366478 ELLUCIAN COMPANY LP 4375 FAIR LAKES COURT FAIRFAX VA 22033 IT CONTRACT SERVICES 225736 SOFTCHOICE CORPORATION 173 DUFFERIN STREET SUITE 200 TORONTO ONTARIO CA M6K3H7 IT CONTRACT SERVICES 186664 12 0 0 0 0 551021 12253324 419755 12804345 TUITION 611600 36830604 36830604 0 0 AUXILIARY SERVICES 611710 8533904 8533904 0 0 EDUCATIONAL SERVICES 611710 966392 966392 0 0 0 0 0 0 0 0 0 0 0 0 0 0 46330900 2260545 0 0 2260545 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 41137328 0 35299376 0 5837952 0 5837952 0 0 5837952 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 67233742 46330900 0 8098497 0 0 17132779 17132779 0 0 0 0 878757 0 878757 0 34379 34379 0 0 18211170 17037328 493010 680832 698349 644686 21642 32021 1793382 1707212 15344 70826 1282707 1158709 75349 48649 0 0 0 0 33906 0 33906 0 109792 0 109792 0 0 0 0 0 0 0 295948 0 295948 0 2739175 2410682 244501 83992 193043 190043 3000 0 3249162 2747708 480576 20878 1070149 1033189 36960 0 0 0 0 0 1789626 1785020 4606 0 967922 801230 103795 62897 0 0 0 0 0 0 0 0 1288110 1172180 90168 25762 0 0 0 0 1253403 1140597 87738 25068 534647 0 534647 0 Equipment Repairs & Maint. 5329797 4830641 499156 0 Memberships & Subscriptions 191452 124262 63362 3828 Professional development 151259 63902 73102 14255 Recruiting 314448 224055 90393 0 2204215 1338208 864120 1887 61747577 55576810 5099872 1070895 8419074 3267547 17998791 8207212 849922 1501455 2555122 2350315 0 0 0 0 1552914 1387441 19389 303147 148329420 65952273 81662712 82377147 57483758 76398494 16851076 14281915 0 0 17352733 17548735 204745491 207623408 2216105 2789484 0 0 1405676 1317503 33345298 31599999 0 0 0 0 0 0 0 2637827 2482320 39604906 38189306 X 60818870 59351592 24369357 25608065 79952358 84474445 165140585 169434102 204745491 207623408 X 5486165 -1309068 116420 X false true X true true true X 5896325 5814077 5024954 8292294 12804345 37831995 0 0 5896325 5814077 5024954 8292294 12804345 37831995 4439747 33392248 1431523 1582041 2322949 1668383 2260545 9265441 0 0 0 0 0 0 0 0 0 195 0 195 47097631 264131403 0.7090 0.7081 X Schedule A, Part II Public Support Test PART II HAS BEEN COMPLETED TO PROVE THE COLLEGE MEETS THE PUBLIC SUPPORT TEST AND THEREFORE QUALIFIES TO USE THE SPECIAL RULE IN REPORTING ON SCHEDULE B. Schedule A, Part II, Line 10 Other Income DESCRIPTION - FUNDRAISING INCOME, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - , COLUMN F - 0; DESCRIPTION - GAMING INCOME, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - 195.0, COLUMN E - , COLUMN F - 195.0; 169500 0 X X X false 77352315 4244444 6363087 1840067 2259663 279863 83580253 70671202 2323004 8572098 1817019 2042018 354952 77352315 77946162 922362 -2263886 2853791 2858415 221230 70671202 79152697 1779835 1267399 1700074 1960010 593685 77946162 68691610 2373016 12040301 1565602 1803733 582895 79152697 0.0187 0.802 0.1793 false false 3909810 3909810 118098607 48295596 69803011 3429863 2676755 753108 16355943 12369563 3986380 6535197 2610359 3924838 82377147 Private Equity Funds 3366694 F Hedge Funds 10462255 F Real Estate Funds 452966 F 14281915 REMAINDER INTEREST IN LIFE INCOME TRUST 702118 BENEFICIAL INTEREST IN PERPETUAL TRUST 16846617 PREPAID BOND COSTS 17548735 CAPITAL LEASE OBLIGATIONS AGENCY FUNDS HELD FOR OTHER 59117 ANNUITIES PAYABLE 789388 US GOVERNMENT REFUNDABLE ADVANCES 1249109 ACCRUED POST RETIREMENT LIABILITY 384706 2482320 X 48870242 -1309067 485733 -823334 49693576 295948 17244218 17540166 67233742 44576724 186163 186163 44390561 295948 17061068 17357016 61747577 Schedule D, Part III, Line 4 Collections of art - description of collections The college holds various collections of paintings, rugs, sculptures, and figurines. These collections further the organization's exempt purpose of providing and maintaining excellent undergraduate and graduate academic programs, by enhancing scholarly research and providing for future generations. Schedule D, Part V, Line 4 Intended uses of endowment funds Funds held for investment are to support the educational objectives of Marietta College. The Board of Trustees believes that grants likely to be made in the future are as important as grants made today. This is consistent with the philosophy that this endowment exists in perpetuity, and therefore, should provide for grant making in perpetuity. To attain this goal, the overriding objective of this endowment is to provide cash flow to the annual operating budget and to maintain the purchasing power of the endowment. That is, net of spending and costs, the objective is to grow the aggregate portfolio value at a rate greater than the rate of inflation over the endowment investment horizon. The investment horizon is perpetuity. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote Accounting principles generally accepted in the United States of America ("GAAP") prescribes recognition thresholds and measurement attributes for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Tax benefits will be recognized only if a tax position is more-likely-than-not sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized will be the largest amount of tax benefit that is greater than 50% likely being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit will be recorded. Management has concluded that they are unaware of any tax benefits or liabilities to be recognized at June 30, 2018 and 2017. The College would recognize interest and penalties related to unrecognized tax benefits in interest and income tax expense, respectively. The College has no amounts accrued for interest or penalties for the year ended June 30, 2018 and 2017. The College does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Change in Perpetual Trusts held by others - 485733 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Financial Aid discount - 17061068 Actuarial adjustment of Split Interest Agreements - 109244 Postretirement Liability related changes other than periodic costs - 73906 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Write off of Uncollectible Pledges - 186163 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Financial Aid discount - 17061068 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY Non-discrimination policy is contained in publications mailed to all students expressing interest in Marietta College as well as the Application for Admission. Marietta College admits students of any race, color, national or ethnic origin, disability, gender orientation, or religious affiliation to all the rights, privileges, programs and activities generally accorded or made available to students at the school. It does not discriminate on the basis of race, color, national or ethnic origin, disability, gender orientation, or religious affiliation in administration of its educational policies, admissions policies, scholarship and loan programs, and athletic and other college-administered programs. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT MARIETTA COLLEGE RECEIVES ASSISTANCE FROM THE U.S. Department of Education FEDERAL STUDENT AID PROGRAM TO FUND THE COST OF ATTENDANCE FOR ELIGIBLE STUDENTS. THESE PROGRAMS INCLUDE PELL, WORK STUDY, FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANTS, STAFFORD LOANS, Academic Competitiveness Grants and SMART Grants. THE COLLEGE ALSO RECEIVES GRANT MONEY FROM THE STATE OF OHIO FOR THE ACHIEVEMENT OF SPECIFIC EDUCATIONAL RELATED ACTIVITIES. East Asia and the Pacific 1 2 Program Services INTERNATIONAL ADMISSION 82423 Central America and the Caribbean 0 0 Investments 16208396 1 2 0 0 1 2 16290819 0 16290819 true false true false true false true MARIETTA COLLEGE GRANTS 788 5760248 MARIETTA COLLEGE SCHOLARSHIPS 672 9170674 GIFT ENDOWED SCHOLARSHIPS 228 2070684 GIFT SUPPORTED SCHOLARSHIPS 36 104832 PRIZES & AWARDS 38 26341 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. Grant funds are monitored through an institutional administrative database in accordance with federal, state, local and institutional regulations and policies. X true true X X false false false false false false false false false William N Ruud President 342713 0 0 0 3762 0 40750 0 41952 0 429177 0 0 0 Michele L Marra Treasurer & VP Finance & Adm 161782 0 0 0 386 0 7393 0 7447 0 177008 0 0 0 Janet Bland Provost 154788 0 0 0 524 0 7280 0 17752 0 180344 0 0 0 Richard Danford VP of Student Life and Diversity 116001 0 0 0 359 0 5473 0 67898 0 189731 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use Pursuant to IRC 119 the housing provided to the president of the college is excluded from taxation. There is no cash reimbursement issued to the President for the housing allowance. A Ohio Higher Educational Facility Commission 346849674 2014-11-20 39355231 SEE STATEMENT false false false A 7278486 0 39355231 0 0 0 0 0 0 0 39355231 0 2014 true false false true A false false false false 0.0 0.0 0.0 false false true A false true false false true false false false true A true Schedule K, Part I, Column (f) DESCRIPTION OF PURPOSE ISSUER NAME: OHIO HIGHER ED The Issue was issued to current refund the following bond issues: i. Ohio Higher Educational Facility Commission Higher Educational Facility Variable Rate Revenue Bonds (Marietta College 2004 Project), which were issued on December 2, 2004. ii. Ohio Higher Educational Facility Commission Higher Educational Facility Variable Rate Revenue Bonds (Marietta College 2007 Project), which were issued on April 26, 2007. iii. Ohio Higher Educational Facility Commission Higher Educational Facility Revenue Bonds (Marietta College 2011 Project) (reissuance under Code Section 1001), which were originally issued on May 25, 2011. See Part V Discounted Tuition 52545 Discounted Tuition TUITION ASSISTANCE GAIL MILONE DAUGHTER-IN-LAW OF MICHAEL MILONE, TRUSTEE 27268 COMPENSATION false Schedule L, Part III Grants or assistance benefiting interested persons During Fiscal Year 2017, $52,545 of discounted tuition was received by family members of interested persons. Schedule L, Part III, Column (a) Name of Interested Person and Relationship Colleges, Universities, and Primary and secondary schools are not required to identify interested persons to whom they provided scholarships, fellowships, and similar financial assistance. Pursuant to the instructions to Form 990, Sch L, Part III, columns (A) and (B) have been left blank. X 2 169500 Opinions of experts X 180 Cost X 1 125000 Opinions of experts X Golf fees - Pioneer Golf Challenge 1 600 Cost X Lunch, dinner, and cruise - Pioneer Golf Challenge 1 400 Cost X Green fees with cart and misc. labor - Pioneer Golf Challenge 1 3040 Cost X Misc. items for golf outing - deposits, glasses, etc. - Pioneer Golf Challenge 1 1196 Cost X Custom golf club with cover - Pioneer Golf Challenge 1 250 Cost X Table for chemistry department - materials and assembly 1 366 Cost X Dinner - First Year Experience 1 446 Cost X Dinner - Baseball team in Port Charlotte 1 958 Cost X Security camera 1 3124 Cost X 2 bottles of wine - Pioneer Golf Challenge 1 150 Cost X Old barn beam - Pioneer Golf Challenge 1 125 Cost X Marietta Weathervane - Pioneer Golf Challenge 1 200 Cost X Pianos 1 114220 Cost 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Other - Golf fees - Pioneer Golf Challenge Number of contributions Other - Lunch, dinner, and cruise - Pioneer Golf Challenge Number of contributions Other - Green fees with cart and misc. labor - Pioneer Golf Challenge Number of contributions Other - Misc. items for golf outing - deposits, glasses, etc. - Pioneer Golf Challenge Number of contributions Other - Custom golf club with cover - Pioneer Golf Challenge Number of contributions Other - Table for chemistry department - materials and assembly Number of contributions Real estate - Other - Number of contributions Art - Works of art - Number of contributions Books and publications - Number of contributions Other - Dinner - First Year Experience Number of contributions Other - Dinner - Baseball team in Port Charlotte Number of contributions Other - Security camera Number of contributions Other - 2 bottles of wine - Pioneer Golf Challenge Number of contributions Other - Old barn beam - Pioneer Golf Challenge Number of contributions Other - Marietta Weathervane - Pioneer Golf Challenge Number of contributions Other - Pianos Number of contributions Form 990, Part I, Line 7a Unrelated Business Income THE FORM 990-T SHOWS UNRELATED BUSINESS INCOME IN THE AMOUNT OF $22,279. THIS AMOUNT INCLUDES DISALLOWED TRANSPORTATION FRINGE BENEFITS OF $22,279, WHICH IS NOT REFLECTED ON PART VIII, COLUMN C. AS A RESULT, PART I, LINE 7A IS $0. Form 990, Part VI, Line 1a Delegate broad authority to a committee There shall be a standing Executive Committee composed of the Chairperson and Vice Chairperson of the Board; the President of the College; the Chairpersons of the Committees on Academic Activities, Administrative Operations, Development, Finance and Trusteeship; and the Secretary and Treasurer of Trustees. A quorum shall consist of five members of the Executive Committee. Any other Trustee may attend meetings of the Executive Committee and participate in all discussions. The Executive Committee shall be, and is hereby, vested with all the powers and duties of the Board of Trustees, between Board of Trustee meetings except Secured Loans and changes to the bylaws. While vested with broad authority, the Executive Committee shall be expected to exercise sound discretion in determining those matters which should and can reasonably be postponed until the next meeting of the board. The Secretary, or in his or her absence, the Assistant Secretary, shall act as Secretary at meetings of the Executive Committee and shall keep the minutes of the proceedings, which minutes shall be transcribed and mailed to all members of the Board of Trustees prior to the next meeting. Form 990, Part VI, Line 11b Review of form 990 by governing body A Draft of the Form 990 is prepared by the Financial and Business Services staff and an independent accounting firm. Prior to filing, the Draft 990 is provided to the CFO and President for review. The Audit Committee, on behalf of Board of Trustees, reviews the Form 990 prior to filing. An electronic copy of the Form 990 and supplemental schedules are then provided to all Trustees prior to filing with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy Covered Individuals: An individual that is a 1) current officer, trustee or key employee; 2) former officer, trustee or key employee depending on current compensation arrangements; and 3) one of the top five paid individuals outside the groups in (1) and (2) above. College officers shall refer such conflicts as they are unable to resolve to the President and or Audit Committee for his or her recommendation. Covered individuals who have declared or have been found to have a conflict of interest shall refrain from participating in consideration of proposed transactions, unless for special reasons the board of trustees or administration requests information on interpretation. A trustee shall not vote on any matter under consideration at a board of trustees meeting in which said trustee has a conflict of interest, nor shall said trustee be counted in determining the quorum for the meeting. The minutes of the meeting shall reflect that a disclosure was made by the trustee having a conflict of interest and that this trustee abstained from voting and was not counted in determining the quorum for the meeting. Trustee committees and their members shall also operate under the procedures outlined above. Form 990, Part VI, Line 15a Process to establish compensation of top management official Compensation for the College President is established by the College Board of Trustees and documented in a multi-year employment contract. All compensation levels are compared to published industry data (primary source - College & University Professional Association for Human Resources) for reasonableness. The process is undertaken annually, and was last completed in May 2018. Form 990, Part VI, Line 15b Process to establish compensation of other employees The College seeks to establish compensation levels that are internally equitable and externally competitive. Compensation goals for faculty are to achieve an average salary, by rank, as identified as the 40th percentile of the AAUP guidelines by research category. Compensation levels for exempt and non-exempt employees will be determined using the mean CUPA-HR salary for Private, Independent Colleges with comparable enrollment and budget categories and may include geographic region depending upon the position. In instances where positions do not have a match in the CUPA-HR data, a slotting methodology will be used to determine fair and equitable compensation. A position will be considered a "match" when 80% of the duties and responsibilities are recognized in the job description. The President, Sr. Vice President for Finance and Administrative Services and the Assistant Vice President for Administrative Services and Director of Human Resources, will monitor salary ranges on at least an annual basis and will make recommendations for market adjustments as needed. New positions or positions that have been modified will be evaluated using best practice compensation methodology to determine salary or hourly rate. The process is undertaken annually, and was last completed in May 2018. Form 990, Part VI, Line 19 Required documents available to the public Available at main address or provided in electronic format upon request. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Change in perpetual trusts held by others - 485733; Actuarial adjustment of split interest agreements - -109244; Postretirement liability related changes other than periodic costs - -73906; Write off of Uncollectible Pledges - -186163; Charitable Remainder Trust (4) Charitable Remainder Trust OH NA Trust Beneficial Interest Trust (8) Beneficial Interest Trust OH NA Trust false false false false false false false false false false false false false false false false false false false