STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

LAWSCHOOL ADMISSIONS COUNCIL INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
LAWSCHOOL ADMISSIONS COUNCIL INC (EIN 13-2998164)
Tax period
2017-07-01 to 2018-06-30
Filed
2019-04-19
IRS object ID
201901099349300020
Schema version
2017v2.3
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 ReturnHeader

FieldValueIRS element (for citing)
Return2019-04-19T14:33:01-05:00ReturnTs
Tax Period End2018-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN221478099PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1COHNREZNICK LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11301 AVENUE OF THE AMERICASAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN132998164EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LAW SCHOOL ADMISSION COUNCILBusinessNameLine1Txt
Business Name Line2C/O MARJORIE LARUE BRITTBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlLAWSBusinessNameControlTxt
Phone2159681298PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1662 PENN STREETAddressLine1Txt
CityNEWTOWNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP18940ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARJORIE LARUE BRITTPersonNm
Person TitleCFOPersonTitleTxt
Phone2159681298PhoneNum
Signature2019-04-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLORI ROTHE YOKOBOSKY CPAPreparerPersonNm
PTINP01273422PTIN
Phone2122970400PhoneNum
Preparation2019-04-17PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address209.59.242.22IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-04-17IPDt
IP Tm12:12:45IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id7B88A06B0E5865287E084A37DA298C30A961139CAtSubmissionCreationDeviceId
At Submission Filing Device Id238159564A7F207AC3E2D33505B4833284B8AC6FAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2020-01-14 16:20:31ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKELLYE Y TESTYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1662 PENN STREETAddressLine1Txt
CityNEWTOWNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP18940ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$92,615,809GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.LSAC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1979FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionLSAC WAS FORMED TO CONSTRUCT, ADMINISTER & REPORT SCORES FOR ADMISSION TO LAW SCHOOLS, CONDUCT EDUCATIONAL RESEARCH, AND PROVIDE SERVICES TO LAW SCHOOLS & EDUCATIONAL COMMUNITY.ActivityOrMissionDesc
Voting Members Governing Body21VotingMembersGoverningBodyCnt
Voting Members Independent20VotingMembersIndependentCnt
Total Employee336TotalEmployeeCnt
Total Volunteers150TotalVolunteersCnt
Total Gross UBI$28,552TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$53,811,684PYProgramServiceRevenueAmt
CY Program Service Revenue$60,528,242CYProgramServiceRevenueAmt
PY Investment Income$7,236,827PYInvestmentIncomeAmt
CY Investment Income$6,012,425CYInvestmentIncomeAmt
PY Other Revenue$7,450,644PYOtherRevenueAmt
CY Other Revenue$7,742,543CYOtherRevenueAmt
PY Total Revenue$68,499,155PYTotalRevenueAmt
CY Total Revenue$74,283,210CYTotalRevenueAmt
PY Grants And Similar Paid$938,758PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,980,828CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$36,374,683PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$38,658,582CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$26,530,029PYOtherExpensesAmt
CY Other Expenses$32,167,926CYOtherExpensesAmt
PY Total Expenses$63,843,470PYTotalExpensesAmt
CY Total Expenses$72,807,336CYTotalExpensesAmt
PY Revenues Less Expenses$4,655,685PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,475,874CYRevenuesLessExpensesAmt
Total Assets BOY$257,273,941TotalAssetsBOYAmt
Total Assets EOY$275,926,318TotalAssetsEOYAmt
Total Liabilities BOY$29,063,653TotalLiabilitiesBOYAmt
Total Liabilities EOY$32,186,035TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$228,210,288NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$243,740,283NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE LAW SCHOOL ADMISSION COUNCIL WILL BE A GLOBAL LEADER IN PROMOTING INNOVATIVE ASSESSMENTS, ADMINISTRATIVE SERVICES FOR LAW SCHOOLS AND STUDENTS, EDUCATIONAL PROGRAMS, DIVERSITY INITIATIVES AND OTHER ACTIVITIES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$44,484,910ExpenseAmt
Grant$87,362GrantAmt
Revenue$60,380,152RevenueAmt
DescADMINISTERED 156,339 LAW SCHOOL ADMISSION TESTS (LSAT). PROVIDED THE LAW SCHOOL CREDENTIAL ASSEMBLY SERVICE (CAS) FOR 58,290 CANDIDATES. PREPARED AND SENT 408,601 REPORTS TO LAW SCHOOLS ON BEHALD OF CANDIDATES, CONDUCTED EDUCATIONAL RESEARCH FOR THE LEGAL COMMUNITY.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$5,607,009ExpenseAmt
Revenue$148,090RevenueAmt
DescHELD 11 NATIONAL LAW SCHOOL FORUMS TO ACQUAINT STUDENTS WITH THEIR LEGAL EDUCATION ALTERNATIVES. HELD VARIOUS TRAINING AND EDUCATION PROGRAMS FOR MEMBER LAW SCHOOL ADMISSION PROFESSIONALS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$4,137,397ExpenseAmt
Grant$1,445,372GrantAmt
DescCONDUCTED PROGRAM AND RESEARCH IN ADVANCEMENT OF UNDERREPRESENTED INDIVIDUALS IN LEGAL EDUCATION.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$3,257,969ExpenseAmt
Grant$448,094GrantAmt
Revenue$7,584,656RevenueAmt
DescSALES OF VARIOUS PUBLICATIONS.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$3,257,969TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$448,094TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$7,584,656TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$57,487,285TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan OutstandingYes (1)LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document1246IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee336EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members21GoverningBodyVotingMembersCnt
Independent Voting Member20IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARJORIE LARUE BRITTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2159681298PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1662 PENN STREETAddressLine1Txt
CityNEWTOWNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP18940ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
BAYREX MARTI
TRUSTEE1.50Yes (X)$0$0$0
CHRIS GUTHRIE
TRUSTEE1.50Yes (X)$0$0$0
CHRISTINA B WHITMAN
CURRENT BOARD CHAIR1.50Yes (X)$1,212$0$0
DOUGLAS A BLAZE
TRUSTEE1.50Yes (X)$0$0$0
ELENA MARTY-NELSON
TRUSTEE1.50Yes (X)$0$0$0
GISELE A JOACHIM
TRUSTEE1.50Yes (X)$1,009$0$0
GREGORY BOWMAN
FINANCE & LEGAL AFFAIRS CHAIR1.50Yes (X)$0$0$0
IAIN L E DAVIS
TRUSTEE1.50Yes (X)$0$0$0
JOHN VALERY WHITE
AUDIT COMMITTEE CHAIR1.50Yes (X)$0$0$0
KELLYE Y TESTY
PRESIDENT AND CEO37.50Yes (X)$315,829$0$38,701Yes (X)
KEVIN K WASHBURN
TRUSTEE1.50Yes (X)$0$0$0
MICHAEL J STATES
TRUSTEE1.50Yes (X)$0$0$0
MICHELLE PILUTTI
TEST DEVELOPMENT & RESEARCH CHAIR1.50Yes (X)$0$0$0
R LAWRENCE DESSEM
INVESTMENT COMMITTEE CHAIR1.50Yes (X)$1,780$0$0
REBECCA L SCHELLER
SERVICES & PROGRAMS CHAIR1.50Yes (X)$1,774$0$0
ROBERT SCHWARTZ
TRUSTEE1.50Yes (X)$0$0$0
SHANI J P BUTTS
TRUSTEE1.50Yes (X)$0$0$0
SONDRA R TENNESSEE
DIVERSITY COMMITTEE CHAIR1.50Yes (X)$643$0$0
STACY L LEEDS
TRUSTEE1.50Yes (X)$0$0$0
SUSAN L KRINSKY
PAST CHAIR OF BOARD1.50Yes (X)$0$0$0
TRACY L SIMMONS
TRUSTEE1.50Yes (X)$0$0$0
MARJORIE LARUE BRITT
CFO37.50$310,409$0$31,587Yes (X)
BRUCE M BACHMAN
OUTGOING VP INFORMATION SERVICES, CIO37.50$558,312$0$40,617Yes (X)
JOAN VAN TOL
OUTGOING GENERAL COUNSEL37.50$320,423$0$46,142Yes (X)
KENT LOLLIS
DIRECTOR OF DIVERSITY INITIATIVES37.50$253,082$0$34,790Yes (X)
PETER J PASHLEY
DIRECTOR TESTING & RESEARCH37.50$312,474$0$24,402Yes (X)
TROY LOWRY
DIRECTOR OF SOFTWARE SERVICES37.50$258,037$0$52,217Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,334,984TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$268,456TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K84IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
NORTON ROSE FULBRIGHT US LLP
799 9TH STREET NW STE 1000WASHINGTONDC20001LEGAL$705,692
PERKINS COIE LLP
1201 THIRD AVESEATTLEWA98101LEGAL$556,237
KIVVIT
222W MERCHMART PLZCHICAGOIL60654CONSULTING$311,811
KING INTERESTS
247 NASSAU STREETPRINCETONNJ08542CONSULTING$120,893
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ADMISSION FEES : LSAT611710$31,047,793$31,047,793
ADMISSION FEES : CAS611710$25,099,698$25,099,698
FOREIGN LLM611710$2,316,555$2,316,555
MPRE TEST ADMINISTRATION611710$1,883,711$1,883,711
FORUM AND WORKSHOP FEES611710$148,090$148,090

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$32,395TotalRevenueColumnAmt
Related Or Exempt Func Income$32,395RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$60,528,242TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$760,607TotalRevenueColumnAmt
Unrelated Business Revenue$24,064UnrelatedBusinessRevenueAmt
Exclusion$736,543ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$377,378RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$219,491RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$157,887RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$157,887TotalRevenueColumnAmt
Exclusion$157,887ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$23,078,428SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$17,824,836SecuritiesAmt
Other$1,774OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$5,253,592SecuritiesAmt
Other-$1,774OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,251,818TotalRevenueColumnAmt
Unrelated Business Revenue$4,488UnrelatedBusinessRevenueAmt
Exclusion$5,247,330ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$2,489,398GrossSalesOfInventoryAmt
Cost Of Goods Sold$286,498CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,202,900TotalRevenueColumnAmt
Related Or Exempt Func Income$2,202,900RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
LISCENSING FEES611710$4,375,072$4,375,072
APPLICATION PROCESSING FEES611710$1,006,684$1,006,684
FieldValueIRS element (for citing)
Other Revenue Total$5,381,756OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$74,283,210TotalRevenueColumnAmt
Related Or Exempt Func Income$68,112,898RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$28,552UnrelatedBusinessRevenueAmt
Exclusion$6,141,760ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,902,866TotalAmt
Program Services$1,902,866ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$77,962TotalAmt
Program Services$77,962ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,024,633TotalAmt
Program Services$805,363ProgramServicesAmt
Management And General$219,270ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$26,226,466TotalAmt
Program Services$20,614,026ProgramServicesAmt
Management And General$5,612,440ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$2,294,524TotalAmt
Program Services$1,803,498ProgramServicesAmt
Management And General$491,026ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$7,163,898TotalAmt
Program Services$5,630,830ProgramServicesAmt
Management And General$1,533,068ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$1,949,061TotalAmt
Program Services$1,531,964ProgramServicesAmt
Management And General$417,097ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,740,824TotalAmt
Management And General$1,740,824ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$138,230TotalAmt
Management And General$138,230ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$465,976TotalAmt
Management And General$465,976ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$4,971,926TotalAmt
Program Services$3,907,938ProgramServicesAmt
Management And General$1,063,988ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$454,333TotalAmt
Program Services$357,106ProgramServicesAmt
Management And General$97,227ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$3,150,755TotalAmt
Program Services$2,476,496ProgramServicesAmt
Management And General$674,259ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,625,150TotalAmt
Program Services$1,277,369ProgramServicesAmt
Management And General$347,781ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$714,397TotalAmt
Program Services$561,517ProgramServicesAmt
Management And General$152,880ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$4,815,261TotalAmt
Program Services$3,784,800ProgramServicesAmt
Management And General$1,030,461ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$112,295TotalAmt
Program Services$88,264ProgramServicesAmt
Management And General$24,031ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,624TotalAmt
Management And General$1,624ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,193,909TotalAmt
Program Services$1,724,415ProgramServicesAmt
Management And General$469,494ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$362,699TotalAmt
Management And General$362,699ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
TEST ADMINISTRATION$6,136,181$6,136,181
FEE WAIVER$3,052,021$3,052,021
REPAIRS & MAINTENANCE$1,039,296$816,888$222,408
OTHER EXPENSES$751,786$590,948$160,838

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$441,263TotalAmt
Program Services$346,833ProgramServicesAmt
Management And General$94,430ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$72,807,336TotalAmt
Program Services$57,487,285ProgramServicesAmt
Management And General$15,320,051ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
EOY$2,288,292EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$17,199,087BOYAmt
EOY$14,670,584EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,771,199BOYAmt
EOY$3,785,214EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$333,462BOYAmt
EOY$448,841EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,691,900BOYAmt
EOY$2,882,974EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$60,152,647LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$45,156,256LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$12,806,915BOYAmt
EOY$14,996,391EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$108,832,955BOYAmt
EOY$115,750,294EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$113,553,222BOYAmt
EOY$119,580,875EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$85,201BOYAmt
EOY$1,522,853EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$257,273,941BOYAmt
EOY$275,926,318EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$5,923,732BOYAmt
EOY$6,161,916EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$4,602,468BOYAmt
EOY$7,054,272EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
EOY$225,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$18,537,453BOYAmt
EOY$18,744,847EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$29,063,653BOYAmt
EOY$32,186,035EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$228,210,288BOYAmt
EOY$243,740,283EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$228,210,288BOYAmt
EOY$243,740,283EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$257,273,941BOYAmt
EOY$275,926,318EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$1,475,874ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$12,516,372NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$1,537,749OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$49,353,475CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$48,972,915CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$52,805,009CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$56,618,444CurrentTaxYearMinus1YearAmt
Current Tax Year$63,017,640CurrentTaxYearAmt
Total$270,767,483TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$49,353,475CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$48,972,915CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$52,805,009CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$56,618,444CurrentTaxYearMinus1YearAmt
Current Tax Year$63,017,640CurrentTaxYearAmt
Total$270,767,483TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$270,767,483PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,389,855CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,542,831CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,180,889CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$921,781CurrentTaxYearMinus1YearAmt
Current Tax Year$1,113,921CurrentTaxYearAmt
Total$6,149,277TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,389,855CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,542,831CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,180,889CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$921,781CurrentTaxYearMinus1YearAmt
Current Tax Year$1,113,921CurrentTaxYearAmt
Total$6,149,277TotalAmt

Net Income From Other UBI NetIncomeFromOtherUBIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$46,173CurrentTaxYearMinus4YearsAmt
Current Tax Year$28,552CurrentTaxYearAmt
Total$74,725TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,488,802CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,651,900CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,619,636CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,785,155CurrentTaxYearMinus1YearAmt
Current Tax Year$5,381,756CurrentTaxYearAmt
Total$23,927,249TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$55,278,305CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$55,167,646CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$58,605,534CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$62,325,380CurrentTaxYearMinus1YearAmt
Current Tax Year$69,541,869CurrentTaxYearAmt
Total$300,918,734TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.89980PublicSupportCY509Pct
Public Support PY5090.89370PublicSupportPY509Pct
Investment Income CY0.02040InvestmentIncomeCYPct
Investment Income PY0.02350InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationLISCENSING FEES - 2013 AMOUNT: $ 3,860,080. 2014 AMOUNT: $ 4,095,755. 2015 AMOUNT: $ 4,102,567. 2016 AMOUNT: $ 4,281,961. 2017 AMOUNT: $ 4,375,072. APPLICATION PROCESSING FEES - 2013 AMOUNT: $ 628,722. 2014 AMOUNT: $ 556,145. 2015 AMOUNT: $ 517,069. 2016 AMOUNT: $ 503,194. 2017 AMOUNT: $ 1,006,684.ExplanationTxt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$871,218OtherCostOrOtherBasisAmt
Book Value$871,218BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$21,387,410OtherCostOrOtherBasisAmt
Depreciation$12,796,934DepreciationAmt
Book Value$8,590,476BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$19,962,687OtherCostOrOtherBasisAmt
Depreciation$17,542,620DepreciationAmt
Book Value$2,420,067BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$17,931,332OtherCostOrOtherBasisAmt
Depreciation$14,816,702DepreciationAmt
Book Value$3,114,630BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$14,996,391TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (5 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
HEDGE FUNDS$37,344,381F
INTERNATIONAL EQUFTY FUNDS$33,359,741F
US EQUITY FUNDS$20,610,814F
PRIVATE EQUITY FUNDS$18,655,240F
FIXED INCOME FUNDS$9,610,699F
FieldValueIRS element (for citing)
Total Book Value Securities$119,580,875TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescACCRUED POSTRETIREMENT BENEFITDesc
Amt$18,744,847Amt
FieldValueIRS element (for citing)
Total Liability$18,744,847TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$85,791,299TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$12,516,372NetUnrealizedGainsInvstAmt
Other Revenue$2,043,738OtherRevenueAmt
Revenue Not Reported$14,560,110RevenueNotReportedAmt
Revenue Subtotal$71,231,189RevenueSubtotalAmt
Other Revenues Not Included$3,052,021OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$3,052,021RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$74,283,210TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$70,261,304TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$505,989OtherExpensesIncludedAmt
Expenses Not Reported$505,989ExpensesNotReportedAmt
Expenses Subtotal$69,755,315ExpensesSubtotalAmt
Other Expenses Not Included$3,052,021OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$3,052,021ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$72,807,336TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2018 AND 2017, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE THE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION RECOGNIZES ACCRUED INTEREST OR PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WERE NO INCOME-TAX RELATED INTEREST OR PENALTIES RECORDED FOR THE YEARS ENDED JUNE 30, 2018 AND 2017.
PART XI, LINE 2D - OTHER ADJUSTMENTS:RENTAL EXPENSES 505,989. POSTRETIREMENT BENEFITS 1,537,749.
PART XI, LINE 4B - OTHER ADJUSTMENTS:FEE WAIVER 3,052,021.
PART XII, LINE 2D - OTHER ADJUSTMENTS:RENTAL EXPENSES 505,989.
PART XII, LINE 4B - OTHER ADJUSTMENTS:FEE WAIVER 3,052,021.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (8 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
NORTH AMERICA00PROGRAM SERVICESADMINISTER TEST$682,185
EAST ASIA AND THE PACIFIC00PROGRAM SERVICESADMINISTER TEST$178,476
EUROPE00PROGRAM SERVICESADMINISTER TEST$118,912
MIDDLE EAST AND NORTH AFRICA00PROGRAM SERVICESADMINISTER TEST$14,341
SOUTH ASIA00PROGRAM SERVICESADMINISTER TEST$13,170
SUB-SAHARAN AFRICA00PROGRAM SERVICESADMINISTER TEST$2,729
EAST ASIA AND THE PACIFIC00PROGRAM SERVICESADMINISTER TEST$2,077
RUSSIA AND THE NEWLY INDEPENDENT STATES00PROGRAM SERVICESADMINISTER TEST$1,349
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$1,013,239SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$1,013,239TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (2 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
EUROPERESEARCH$37,962CHECK
CANADAPROGRAM SERVICE$40,000CHECK
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE F, PART 1, LINE 2FormAndLineReferenceDesc
ExplanationGRANTS FOR MORE THAN $5,000 ARE INITIALLY REVIEWED BY SPECIAL LSAC SUB-COMMITTEES, IF APPLICABLE AND ARE THEN REFERRED TO THE DESIGNATED LSAC STANDING COMMITTEE - DIVERSITY INITIATIVES, TEST DEVELOPMENT & RESEARCH (TD&R), OR SERVICES & PROGRAMS (S&P). THE COMMITTEES REVIEW AND DISCUSS GRANT REQUESTS AND MAKE RECOMMENDATIONS TO THE LSAC BOARD OF TRUSTEES FOR FINAL APPROVAL. THE LSAC BOARD HAS THE OPPORTUNITY TO DISCUSS THE GRANT REQUESTS FURTHER PRIOR TO THEIR APPROVAL. UPON APPROVAL, A CONTRACT IS DRAWN UP WHICH STATES THE TERMS AND CONDITIONS OF THE GRANT, INCLUDED DELIVERABLES AND PAYMENT SCHEDULES. THE ACTUAL PAYMENTS ARE MADE BASED UPON THE GRANTEE MEETING THE STATED TERMS OF THE CONTRACT. AN INDIVIDUAL AT LSAC IS DESIGNATED TO FOLLOW UP TO ENSURE THAT THE TERMS OF EACH GRANT CONTRACT ARE MET.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (17 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
AMERICAN BAR FOUNDATION
750 N LAKE SHORE DRCHICAGOIL60611366110271501(3)$30,160PROGRAM SERVICE
AMERICAN INDIAN LAW CENTER
PO BOX 4456ALBUQUERQUENM87196850250024501(3)$125,000PROGRAM SERVICE
ASSOCIATION OF AMERICAN LAW SCHOOLS
1614 20TH STREET NWWASHINGTONDC20009941450490501(3)$10,000PROGRAM SERVICE
CHAPMAN UNIVERSITY
ONE UNIVERSITY CAORANGECA92866951643992501(3)$100,000PROGRAM SERVICE
CLEO
1101 MERCANTILE LANELARGOMD20774454462410501(3)$250,000PROGRAM SERVICE
DISCOVER LAW GRANTS
662 PENN STREETNEWTOWNPA18940501(3)$84,962PROGRAM SERVICE
DUKE UNIVERSITY
210 SCIENCE DRDURHAMNC27708560532129501(3)$75,000PROGRAM SERVICE
FORDHAM UNIVERSITY
441 E FORDHAM RDBRONXNY10458131740451501(3)$49,400RESEARCH
LAW AND LEADERSHIP INSTITUTE
1700 LAKE SHORE DRCOLUMBUSOH43204264709314501(3)$55,250PROGRAM SERVICE
ST JOHN'S UNIV LAW SCHOOL
8000 UTOPIA PKWYQUEENSNY11439111630830501(3)$75,000PROGRAM SERVICE
ST LOUIS UNIV LAW SCHOOL
100 N TUCKER BLVDST LOUISMO63013430654872501(3)$100,000PROGRAM SERVICE
UNIV OF AKRON
150 UNIVERSITY AVEAKRONOH44325346575496501(3)$75,000PROGRAM SERVICE
UNIV OF ALABAMA
BOX 870382TUSCALOOSAAL35487636063964501(3)$75,000PROGRAM SERVICE
UNIV OF HOUSTON
4604 CALHOUN RDHOUSTONTX77204741732551501(3)$75,000PROGRAM SERVICE
UNIV OF MAINE LAW SCHOOL
246 DEERING AVEPOTLANDME04102010544448501(3)$100,000PROGRAM SERVICE
UNIV OF WISCONSIN
975 BASCOM MALLMADISONWI53706390743975501(3)$100,000PROGRAM SERVICE
UNIVERSITY OF TEXAS
2304 WHITIS AVEAUSTINTX78712746056794501(3)$75,000PROGRAM SERVICE
FieldValueIRS element (for citing)
Total501c3 Org17Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PART 1, LINE 2FormAndLineReferenceDesc
ExplanationGRANTS FOR MORE THAN $5,000 ARE INITIALLY REVIEWED BY SPECIAL LSAC SUB-COMMITTEES, IF APPLICABLE AND ARE THEN REFERRED TO THE DESIGNATED LSAC STANDING COMMITTEE - DIVERSITY INITIATIVES, TEST DEVELOPMENT & RESEARCH (TD&R), OR SERVICES & PROGRAMS (S&P). THE COMMITTEES REVIEW AND DISCUSS GRANT REQUESTS AND MAKE RECOMMENDATIONS TO THE LSAC BOARD OF TRUSTEES FOR FINAL APPROVAL. THE LSAC BOARD HAS THE OPPORTUNITY TO DISCUSS THE GRANT REQUESTS FURTHER PRIOR TO THEIR APPROVAL. UPON APPROVAL A CONTRACT IS DRAWN UP WHICH STATES THE TERMS AND CONDITIONS OF THE GRANT, INCLUDING DELIVERABLES AND PAYMENT SCHEDULES. THE ACTUAL PAYMENTS ARE MADE BASED UPON THE GRANTEE MEETING THE STATED TERMS OF THE CONTRACT. AN INDIVIDUAL AT LSAC IS DESIGNATED TO FOLLOW UO TO ENSURE THAT THE TERMS OF THE GRANT CONTRACT ARE MET.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
KELLYE Y TESTY
PRESIDENT AND CEO$300,171$0$0$0$15,658$0$24,300$0$14,401$0$354,530$0$0$0
MARJORIE LARUE BRITT
CFO$290,382$0$0$0$20,027$0$24,300$0$7,287$0$341,996$0$0$0
BRUCE M BACHMAN
OUTGOING VP INFORMATION SERVICES, CI$240,466$0$0$0$317,846$0$24,300$0$16,317$0$598,929$0$0$0
JOAN VAN TOL
OUTGOING GENERAL COUNSEL$236,895$0$0$0$83,528$0$24,300$0$21,842$0$366,565$0$0$0
KENT LOLLIS
DIRECTOR OF DIVERSITY INITIATIVES$222,083$0$0$0$30,999$0$22,777$0$12,013$0$287,872$0$0$0
PETER J PASHLEY
DIRECTOR TESTING & RESEARCH$273,453$0$0$0$39,021$0$24,300$0$102$0$336,876$0$0$0
TROY LOWRY
DIRECTOR OF SOFTWARE SERVICES$251,621$0$0$0$6,416$0$23,223$0$28,994$0$310,254$0$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 4ADURING FISCAL YEAR 2018 JOAN VAN TOL AND BRUCE M BACHMAN RECEIVED SEVERANCE PAYMENTS OF $52,110 AND $317,846 RESPECTIVELY. THESE AMOUNTS ARE INCLUDED ON PART II, COLUMN B(III).
PART I, LINE ATRAVEL FOR COMPANIONS LSAC WILL PAY FOR THE TRANSPORTATION COSTS OF BOARD MEMBER AND CERTAIN SENIOR STAFF MEMBER'S GUEST TO TWO OF THE FOUR BOARD MEETINGS EACH YEAR. THE BENEFIT IS TREATED AS TAXABLE COMPENSATION IN ACCORDANCE WITH THE CURRENT TAX LAW.
PART I, LINE 1AHEALTH OR SOCIAL CLUB DUES LSAC WILL REIMBURSE ALL EMPLOYEES UP TO $50 PER YEAR FOR MEMBERSHIP FEES IN A HEALTH CLUB, WITH PROOF OF ENROLLMENT

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KELLYE Y TESTYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Relationship With OrgPRESIDENT AND CEORelationshipWithOrgTxt
Loan PurposeSIGNING BONUSLoanPurposeTxt
Loan To OrganizationYes (X)LoanToOrganizationInd
Original Principal$250,000OriginalPrincipalAmt
Balance Due$225,000BalanceDueAmt
Default0DefaultInd
Board Or Committee ApprovalYes (1)BoardOrCommitteeApprovalInd
Written AgreementYes (1)WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$225,000TotalBalanceDueAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6A SCHOOL OF LAW IS ELIGIBLE FOR MEMBERSHIP IN THE LAW SCHOOL ADMISSION COUNCIL (LSAC) IF IT REQUIRES THAT SUBSTANTIALLY ALL OF ITS APPLICANTS FOR ADMISSION TAKE THE LSAT, AND IS A LAW SCHOOL APPROVED BY THE AMERICAN BAR ASSOCIATION (ABA) OR A MEMBER OF THE ASSOCIATION OF AMERICAN LAW SCHOOLS (AALS), OR IT IS A CANADIAN LAW SCHOOL THAT GRANTS DEGREES THAT ARE RECOGNIZED BY A PROVINCIAL OR TERRITORIAL LAW SOCIETY OR GOVERNMENT AGENCY AS AN APPROVED ACADEMIC CREDENTIAL FOR PERSONS SEEKING ADMISSION TO THE BAR IN ONE OF THE PROVINCES OR TERRITORIES OF CANADA. THE BOARD OF TRUSTEES OF THE COUNCIL MAY AT ITS DISCRETION AND FOLLOWING A PERIOD FOR NOTICE AND COMMENT AMONG THE CURRENT MEMBERS, ADMIT INTO MEMBERSHIP A LAW SCHOOL OUTSIDE OF THE UNITED STATES AND CANADA IF IT REQUIRES THAT SUBSTANTIALLY ALL OF ITS APPLICANTS FOR ADMISSION TAKE THE LSAT, AND IS ACCREDITED BY A GOVERNMENTALLY RECOGNIZED, NATIONAL ACCREDITING AUTHORITY OR ITS DEGREES MEET THE LEGAL EDUCATION REQUIREMENT FOR BAR MEMBERSHIP THROUGHOUT ITS HOME COUNTRY. THERE ARE CURRENTLY 204 US MEMBER LAW SCHOOLS, 17 CANADIAN MEMBER LAW SCHOOLS AND 1 AUSTRALIAN MEMBER LAW SCHOOL.
FORM 990, PART VI, SECTION A, LINE 7AEACH MEMBER LAW SCHOOL HAS ONE VOTE. THE MEMBERS ELECT THE CHAIR OF THE BOARD OF TRUSTEES EVERY OTHER YEAR.
FORM 990, PART VI, SECTION A, LINE 7BA MEMBER LAW SCHOOL CAN PROPOSE AN AMENDMENT TO THE BYLAWS AND UPON APPROVAL OF A MAJORITY OF THE MEMBERS THE BYLAWS CAN BE AMENDED.
FORM 990, PART VI, SECTION B, LINE 11BLSAC'S FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT AUDITORS. AFTER MANAGEMENT REVIEW, A COPY OF THE FORM IS PROVIDED TO BOTH THE LSAC AUDIT COMMITTE AND THE BOARD OF TRUSTEES, PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CON AN ANNUAL BASIS LSAC BOARD OF TRUSTEES MEMBERS, COMMITTEE MEMBERS AND VOLUNTEERS ARE PROVIDED A COPY OF THE COUNCIL'S CONFLICT OF INTEREST POLICY, ASKED TO REVIEW, DISCLOSE ANY POTENTIAL CONFLICTS, AND SIGN AN ACKNOWLEDGEMENT FORM THAT IS MAINTAINED BY LSAC'S GENERAL COUNSEL. ON AN ANNUAL BASIS, OFFICERS AND KEY LSAC STAFF MEMBERS ARE PROVIDED A COPY OF THE COUNCIL'S CONFLICT OF INTEREST POLICY AND ARE ASKED TO REVIEW, DISCLOSE ANY POTENTIAL CONFLICTS AND SIGN AN ACKNOWLEDGEMENT FORM THAT IS MAINTAINED BY HUMAN RESOURCES.
FORM 990, PART VI, SECTION B, LINE 15THE ORGANIZATION APPOINTS AN EXECUTIVE COMPENSATION COMMITTEE, NORMALLY 3-5 MEMBERS FROM THE BOARD OF TRUSTEES AND NAMED BY THE LSAC CHAIR. THE EXECUTIVE COMPENSATION COMMITTEE ENLISTS THE ASSISTANCE OF AN OUTSIDE FIRM OR SPECIALIST THAT IS ABLE TO PROVIDE COMPARATIVE INFORMATION ABOUT PROCESS AND COMPENSATION ITSELF. AS PART OF THE ANNUAL BUDGET APPROVAL PROCESS, THE LSAC PRESIDENT PRESENTS TO THE BOARD A BUDGET ITEM REGARDING THE PROPOSED COMPENSATION POOL OF STAFF INCREASES OR ADJUSTMENTS.
FORM 990, PART VI, SECTION C, LINE 19LSAC MAKES ITS GOVERNING DOCUMENTS AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9:POSTRETIREMENT BENEFITS 1,537,749.
FORM 990, PART XII, LINE 2CTHE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR