EMERSON COLLEGE: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization: EMERSON COLLEGE (EIN 04-1286950)
Tax period: 2017-07-01 to 2018-06-30
Filed: 2019-05-13
IRS object ID: 201901339349302055
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
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule K
Schedule L
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2019-05-13T08:02:52-05:00	ReturnTs
Tax Period End	2018-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

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

Preparer US Address PreparerUSAddress

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

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2017-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	041286950	EIN

Business Name BusinessName

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

Field	Value	IRS element (for citing)
In Care Of	% JONATHAN PEARSALL	InCareOfNm
Business Name Control	EMER	BusinessNameControlTxt
Phone	6178248500	PhoneNum

US Address USAddress

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

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	PHILIP SHAPIRO	PersonNm
Person Title	VP Admin & Finance	PersonTitleTxt
Phone	6178248426	PhoneNum
Signature	2019-05-07	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Daniel Romano	PreparerPersonNm
PTIN	P00504182	PTIN
Phone	6177237900	PhoneNum
Preparation	2019-05-10	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	209.220.136.124	IPv4AddressTxt

Field	Value	IRS element (for citing)
Federal Original Submission Id	04586620191335000000	FederalOriginalSubmissionId
Federal Original Submission Id	2019-05-13	FederalOriginalSubmissionIdDt
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	7D14034AF515942D2ABE7F7E27EA16D2649DB046	AtSubmissionCreationDeviceId
At Submission Filing Device Id	7D14034AF515942D2ABE7F7E27EA16D2649DB046	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2017	TaxYr
Build TS	2019-02-21 02:37:17Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	M Lee Pelton	PrincipalOfficerNm

US Address USAddress

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

Field	Value	IRS element (for citing)
Gross Receipts	$278,605,260	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	www.emerson.edu	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1880	FormationYr
Legal Domicile State	MA	LegalDomicileStateCd
Activity Or Mission	TO EDUCATE STUDENTS TO BECOME LEADERS IN COMMUNICATION AND THE ARTS AND TO ADVANCE SCHOLARSHIP AND CREATIVE WORK THAT BRINGS INNOVATION, DEPTH AND DIVERSITY TO THESE DISCIPLINES.	ActivityOrMissionDesc
Voting Members Governing Body	27	VotingMembersGoverningBodyCnt
Voting Members Independent	26	VotingMembersIndependentCnt
Total Employee	3161	TotalEmployeeCnt
Total Volunteers	1200	TotalVolunteersCnt
Total Gross UBI	$2,255,938	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	-$2,693,397	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$7,698,561	PYContributionsGrantsAmt
CY Contributions Grants	$10,444,894	CYContributionsGrantsAmt
PY Program Service Revenue	$211,993,196	PYProgramServiceRevenueAmt
CY Program Service Revenue	$221,173,204	CYProgramServiceRevenueAmt
PY Investment Income	$2,050,924	PYInvestmentIncomeAmt
CY Investment Income	$7,444,593	CYInvestmentIncomeAmt
PY Other Revenue	$8,563,654	PYOtherRevenueAmt
CY Other Revenue	$7,249,329	CYOtherRevenueAmt
PY Total Revenue	$230,306,335	PYTotalRevenueAmt
CY Total Revenue	$246,312,020	CYTotalRevenueAmt
PY Grants And Similar Paid	$40,292,139	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$44,356,265	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$94,312,133	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$99,532,726	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$6,569,396	CYTotalFundraisingExpenseAmt
PY Other Expenses	$86,465,046	PYOtherExpensesAmt
CY Other Expenses	$98,018,757	CYOtherExpensesAmt
PY Total Expenses	$221,069,318	PYTotalExpensesAmt
CY Total Expenses	$241,907,748	CYTotalExpensesAmt
PY Revenues Less Expenses	$9,237,017	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$4,404,272	CYRevenuesLessExpensesAmt
Total Assets BOY	$1,012,742,709	TotalAssetsBOYAmt
Total Assets EOY	$1,035,327,915	TotalAssetsEOYAmt
Total Liabilities BOY	$571,942,182	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$603,635,912	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$440,800,527	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$431,692,003	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	EMERSON COLLEGE IS THE ONLY FOUR-YEAR COLLEGE IN THE UNITED STATES DEVOTED EXCLUSIVELY TO COMMUNICATION AND PERFORMING ARTS. (CONTINUED IN SCHEDULE O)	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$152,480,375	ExpenseAmt
Grant	$44,356,265	GrantAmt
Revenue	$188,047,563	RevenueAmt
Desc	EMERSON COLLEGE PROVIDES UNDERGRADUATE AND GRADUATE PROGRAMS CHALLENGING STUDENTS TO THINK AND COMMUNICATE WITH CLARITY, SUBSTANCE AND INSIGHT. THE CURRICULUM INTEGRATES COMMUNICATION WITH LIBERAL ARTS AND EMPHASIZES A GLOBAL OUTLOOK AND PRACTICAL EXPERIENCE TO HELP DEVELOP THE INHERENT CAPACITIES OF EACH STUDENT. THE COLLEGE EDUCATES APPROXIMATELY 3,981 UNDERGRADUATE AND 677 GRADUATE STUDENTS ANNUALLY - THIS YEAR FROM 50 U.S. STATES, WASHINGTON D.C., PUERTO RICO, VIRGIN ISLANDS, GUAM AND 75 COUNTRIES. THE COLLEGE HAS MORE THAN 500 FULL AND PART-TIME FACULTY.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$53,200,422	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$36,743,783	RevenueAmt
Desc	AUXILIARY ENTERPRISES PROVIDE SERVICES FOR THE STUDENTS TO ENSURE THEY ARE APPROPRIATELY SUPPORTED. THE SERVICES INCLUDE ROOM, BOARD AND THE BOOKSTORE.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$205,680,797	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	Yes (true)	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Temp Or Permanent Endowments	Yes (true)	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (true)	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	Yes (true)	SchoolOperatingInd
Foreign Office	Yes (true)	ForeignOfficeInd
Foreign Activities	Yes (true)	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	Yes (true)	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	Yes (true)	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	Yes (true)	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (true)	TaxExemptBondsInd
Invest Tax Exempt Bonds	false	InvestTaxExemptBondsInd
Escrow Account	false	EscrowAccountInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	Yes (true)	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	false	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	Yes (true)	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	5366	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	3161	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Foreign Financial Account	Yes (true)	ForeignFinancialAccountInd
Foreign Country	NL	ForeignCountryCd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (true)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (true)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	27	GoverningBodyVotingMembersCnt
Independent Voting Member	26	IndependentVotingMemberCnt
Family Or Business Rln	Yes (true)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	AL	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	AK	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	AR	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CO	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CT	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	DE	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	DC	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	HI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	ID	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	IN	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	IA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	KS	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	ME	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MN	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MO	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MT	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NE	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NV	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NH	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NM	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NC	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	ND	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OH	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	RI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	SC	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	SD	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	TN	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	TX	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	UT	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	VT	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	VA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	WV	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	WI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	WY	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	JONATHAN PEARSALL	PersonNm
Phone	6178248426	PhoneNum

US Address USAddress

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

Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
Jeffrey D Greenhawt
Chairman	2.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
Vincent J Di Bona
Vice Chairman	2.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
Albert M Jaffe
Vice Chairman	2.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
Steven Samuels
Vice Chairman	2.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
Michael MacWade
Treasurer	2.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
Marillyn Zacharis
Secretary	2.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
Eric Alexander
Board Member	2.0	0.0	Yes (X)		$0	$0	$0
Daniel Black
Board Member (thru 06/18)	2.0	0.0	Yes (X)		$0	$0	$0
Kevin Bright
Board Member (AS OF 10/17)	2.0	0.0	Yes (X)		$0	$0	$0
Bobbi Brown
Board Member	2.0	0.0	Yes (X)		$0	$0	$0
Ellen Calmas
Board Member (AS OF 03/18)	2.0	0.0	Yes (X)		$0	$0	$0
Dan Cohen
Board Member	2.0	0.0	Yes (X)		$0	$0	$0
Robert Friend
Board Member	2.0	0.0	Yes (X)		$0	$0	$0
Ira Goldstone
Board Member	2.0	0.0	Yes (X)		$0	$0	$0
Gary Grossman
Board Member	2.0	0.0	Yes (X)		$0	$0	$0
Doug Herzog
Board Member	2.0	0.0	Yes (X)		$0	$0	$0
Leo Hindery Jr
Board Member	2.0	0.0	Yes (X)		$0	$0	$0
Douglas Holloway
Board Member	2.0	0.0	Yes (X)		$0	$0	$0
Robert Miller
Board Member	2.0	0.0	Yes (X)		$0	$0	$0
Andrea Montoni
Board Member	2.0	0.0	Yes (X)		$0	$0	$0
Michelle Perkins
Board Member	2.0	0.0	Yes (X)		$0	$0	$0
Patrica Peyton
Board Member	2.0	0.0	Yes (X)		$0	$0	$0
Mark Reinganum
Board Member	2.0	0.0	Yes (X)		$0	$0	$0
Linda Schwartz
Board Member	2.0	0.0	Yes (X)		$0	$0	$0
Raj Sharma
Board Member	2.0	0.0	Yes (X)		$0	$0	$0
Susan Namm Spencer
Board Member	2.0	0.0	Yes (X)		$0	$0	$0
M Lee Pelton
President/Trustee	40.0	0.0	Yes (X)	Yes (X)	$780,218	$0	$149,238
MichaelE Whelan
Provost & VP for Academic Aff.	40.0	0.0		Yes (X)	$300,490	$0	$24,803
Christine Hughes
VP & General Counsel and Clerk	40.0	0.0		Yes (X)	$255,986	$0	$25,413
Maureen Murphy
VP for Admin & Finance	40.0	0.0		Yes (X)	$352,417	$0	$49,971
Ruthanne Madsen
VP for Enrollment Management	40.0	0.0			$213,346	$0	$13,893	Yes (X)
Arthur Mombourquette
SR. Assoc. VP for Real Estate	40.0	0.0			$294,898	$0	$26,683		Yes (X)
Ronald Korvas
VP for Inst. Advancement	40.0	0.0			$403,243	$0	$42,498		Yes (X)
William Gilligan
VP for Information Technology	40.0	0.0			$257,602	$0	$21,953		Yes (X)
Allison Sampson
VP & Exe. Dir., L.A. program	40.0	0.0			$265,748	$0	$26,011		Yes (X)
Marc Miller
Associate VP for Finance	40.0	0.0			$263,853	$0	$21,768		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$3,387,801	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$402,231	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	172	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
Elkus Manfredi Architects Ltd
25 Drydock Avenue	BOSTON	MA	02110	ARCHITECTURAL	$2,899,634
Prospect Building Services Corporat
360 Pearl Street	MALDEN	MA	02148	CLEANING SERVICES	$1,022,514
Bennett Communications Inc
1 Bennett Lane	QUINCY	MA	02169	TELECOMMUNICATIONS	$384,615
Connelly Partners LLC
46 Waltham Street	BOSTON	MA	02118	MARKETING	$342,582
Ernst Young LLP
PO Box 91251	CHICAGO	IL	60693	ACCOUNTING	$313,753

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	34	CntrctRcvdGreaterThan100KCnt
Fundraising	$64,595	FundraisingAmt
Government Grants	$4,002,573	GovernmentGrantsAmt
All Other Contributions	$6,377,726	AllOtherContributionsAmt
Noncash Contributions	$526,483	NoncashContributionsAmt
Total Contributions	$10,444,894	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUTION & FEES	611710	$188,047,563	$188,047,563
ROOM & BOARD	611710	$32,685,702	$32,685,702
AUXILIARY - OTHER	611710	$330,265	$330,265
BOOKSTORE COMMISSION	611710	$109,674	$109,674

Field	Value	IRS element (for citing)
Total Program Service Revenue	$221,173,204	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,676,306	TotalRevenueColumnAmt
Exclusion	$3,676,306	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

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

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,608,366	TotalRevenueColumnAmt
Exclusion	$2,608,366	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$666,967	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$1,739,644	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	-$1,072,677	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$1,072,677	TotalRevenueColumnAmt
Exclusion	-$1,072,677	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$34,061,000	SecuritiesAmt
Other	$21,383	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$30,314,096	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$3,746,904	SecuritiesAmt
Other	$21,383	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,768,287	TotalRevenueColumnAmt
Exclusion	$3,768,287	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$79,060	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$64,595	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$239,500	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$160,440	TotalRevenueColumnAmt
Exclusion	-$160,440	ExclusionAmt

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

Net Income From Gaming NetIncomeFromGamingGrp

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

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

Net Income Or Loss NetIncomeOrLossGrp

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

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
THEATER REVENUE	531390	$2,375,399	$493,535	$1,881,864
SUMMER CONFERENCES	531390	$789,637	$415,563	$374,074
MISCELLANEOUS	611710	$2,709,044	$2,709,044

Field	Value	IRS element (for citing)
Other Revenue Total	$5,874,080	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$246,312,020	TotalRevenueColumnAmt
Related Or Exempt Func Income	$224,791,346	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$2,255,938	UnrelatedBusinessRevenueAmt
Exclusion	$8,819,842	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

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

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$43,052,246	TotalAmt
Program Services	$43,052,246	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$1,304,019	TotalAmt
Program Services	$1,304,019	ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

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

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$2,424,459	TotalAmt
Program Services	$1,880,863	ProgramServicesAmt
Management And General	$336,896	ManagementAndGeneralAmt
Fundraising	$206,700	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$47,015	TotalAmt
Management And General	$47,015	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$76,473,062	TotalAmt
Program Services	$61,778,073	ProgramServicesAmt
Management And General	$11,018,519	ManagementAndGeneralAmt
Fundraising	$3,676,470	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$5,572,642	TotalAmt
Program Services	$4,493,642	ProgramServicesAmt
Management And General	$804,890	ManagementAndGeneralAmt
Fundraising	$274,110	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$9,616,826	TotalAmt
Program Services	$8,058,156	ProgramServicesAmt
Management And General	$1,443,357	ManagementAndGeneralAmt
Fundraising	$115,313	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$5,398,722	TotalAmt
Program Services	$4,353,397	ProgramServicesAmt
Management And General	$779,770	ManagementAndGeneralAmt
Fundraising	$265,555	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

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

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$1,278,407	TotalAmt
Management And General	$1,278,407	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$265,382	TotalAmt
Management And General	$265,382	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

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

Fees For Services Prof Fundraising FeesForServicesProfFundraising

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

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$406,951	TotalAmt
Management And General	$406,951	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$4,724,719	TotalAmt
Program Services	$3,991,053	ProgramServicesAmt
Management And General	$714,867	ManagementAndGeneralAmt
Fundraising	$18,799	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,845,115	TotalAmt
Program Services	$1,562,707	ProgramServicesAmt
Management And General	$279,908	ManagementAndGeneralAmt
Fundraising	$2,500	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$4,336,489	TotalAmt
Program Services	$3,270,050	ProgramServicesAmt
Management And General	$585,723	ManagementAndGeneralAmt
Fundraising	$480,716	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$2,605,472	TotalAmt
Program Services	$2,162,088	ProgramServicesAmt
Management And General	$387,268	ManagementAndGeneralAmt
Fundraising	$56,116	FundraisingAmt

Royalties RoyaltiesGrp

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

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$8,501,954	TotalAmt
Program Services	$6,786,463	ProgramServicesAmt
Management And General	$1,215,574	ManagementAndGeneralAmt
Fundraising	$499,917	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$4,706,090	TotalAmt
Program Services	$3,853,911	ProgramServicesAmt
Management And General	$690,303	ManagementAndGeneralAmt
Fundraising	$161,876	FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

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

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$432,798	TotalAmt
Program Services	$341,414	ProgramServicesAmt
Management And General	$61,153	ManagementAndGeneralAmt
Fundraising	$30,231	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$13,482,072	TotalAmt
Program Services	$11,434,036	ProgramServicesAmt
Management And General	$2,048,036	ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

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

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$21,367,406	TotalAmt
Program Services	$18,118,030	ProgramServicesAmt
Management And General	$3,249,376	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$3,306,389	TotalAmt
Program Services	$2,807,616	ProgramServicesAmt
Management And General	$498,773	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
OUTSIDE SVCS & TEMP HELP	$8,901,740	$7,549,494	$1,352,246
FOOD SERVICES	$7,953,337	$6,628,533	$1,187,286	$137,518
RENOVATIONS & MAINTENANCE	$7,670,914	$7,095,678	$575,236
ROOM AND BOARD	$1,137,189	$1,137,189

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$5,096,333	TotalAmt
Program Services	$4,022,139	ProgramServicesAmt
Management And General	$430,619	ManagementAndGeneralAmt
Fundraising	$643,575	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$241,907,748	TotalAmt
Program Services	$205,680,797	ProgramServicesAmt
Management And General	$29,657,555	ManagementAndGeneralAmt
Fundraising	$6,569,396	FundraisingAmt

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

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$7,579	BOYAmt
EOY	$10,470	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$75,398,272	BOYAmt
EOY	$66,112,120	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$3,790,457	BOYAmt
EOY	$5,824,350	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$594,279	BOYAmt
EOY	$994,833	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

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

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

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

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$2,557,723	BOYAmt
EOY	$2,415,219	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

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

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$2,597,430	BOYAmt
EOY	$3,897,485	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$908,420,849	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$258,329,018	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$569,079,001	BOYAmt
EOY	$650,091,831	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$161,631,329	BOYAmt
EOY	$172,157,041	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$196,411,304	BOYAmt
EOY	$133,077,082	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

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

Intangible Assets IntangibleAssetsGrp

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

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$675,335	BOYAmt
EOY	$747,484	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,012,742,709	BOYAmt
EOY	$1,035,327,915	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$28,920,271	BOYAmt
EOY	$31,433,745	EOYAmt

Grants Payable GrantsPayableGrp

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

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$16,477,123	BOYAmt
EOY	$15,263,436	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$524,908,077	BOYAmt
EOY	$555,302,020	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

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

Loans From Officers Directors LoansFromOfficersDirectorsGrp

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

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

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

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

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

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,636,711	BOYAmt
EOY	$1,636,711	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$571,942,182	BOYAmt
EOY	$603,635,912	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$405,631,527	BOYAmt
EOY	$392,981,127	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$8,533,000	BOYAmt
EOY	$9,066,917	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$26,636,000	BOYAmt
EOY	$29,643,959	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$440,800,527	BOYAmt
EOY	$431,692,003	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,012,742,709	BOYAmt
EOY	$1,035,327,915	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$4,404,272	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$5,745,243	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$19,258,039	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

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

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

Schedule A IRS990ScheduleA

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

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$5,278,420	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$9,321,951	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$7,592,129	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$7,698,561	CurrentTaxYearMinus1YearAmt
Current Tax Year	$10,444,894	CurrentTaxYearAmt
Total	$40,335,955	TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

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

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

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

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$5,278,420	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$9,321,951	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$7,592,129	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$7,698,561	CurrentTaxYearMinus1YearAmt
Current Tax Year	$10,444,894	CurrentTaxYearAmt
Total	$40,335,955	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$8,306,322	SubstantialContributorsTotAmt
Public Support Total170	$32,029,633	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,284,893	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$6,627,339	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$6,312,092	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$6,617,011	CurrentTaxYearMinus1YearAmt
Current Tax Year	$6,951,639	CurrentTaxYearAmt
Total	$28,792,974	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

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

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$137,033	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$43,286	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$197,241	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$77,195	CurrentTaxYearMinus1YearAmt
Current Tax Year	$79,060	CurrentTaxYearAmt
Total	$533,815	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$69,662,744	TotalSupportAmt
Gross Receipts Rltd Activities	$1,027,473,253	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.45978	PublicSupportCY170Pct
Public Support PY170	0.49696	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Total Grassroots Lobbying		TotalGrassrootsLobbyingGrp
Total Direct Lobbying		TotalDirectLobbyingGrp
Total Lobbying Expend		TotalLobbyingExpendGrp
Other Exempt Purpose Expend		OtherExemptPurposeExpendGrp
Total Exempt Purpose Expend		TotalExemptPurposeExpendGrp
Lobbying Nontaxable Amount		LobbyingNontaxableAmountGrp
Grassroots Nontaxable		GrassrootsNontaxableGrp
Tot Lbbyng Grassroot Mns Non Tx		TotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non Tx		TotLbbyExpendMnsLbbyngNonTxGrp
Volunteers	false	VolunteersInd
Paid Staff Or Management	false	PaidStaffOrManagementInd
Media Advertisements	false	MediaAdvertisementsInd
Mailings Members	false	MailingsMembersInd
Publications Or Broadcast	false	PublicationsOrBroadcastInd
Grants Other Organizations	false	GrantsOtherOrganizationsInd
Direct Contact Legislators	false	DirectContactLegislatorsInd
Rallies Demonstrations	false	RalliesDemonstrationsInd
Other Activities	Yes (true)	OtherActivitiesInd
Not Described Section501c3	false	NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	schedule c, part ii-B	FormAndLineReferenceDesc
Explanation	Schedule C, Part II represents the portion of annual dues involved in lobbying activities which relates to the National Association of College and University Business Officers and its affiliates ("NACUBO"). THE AMOUNT is negligible. THIS REPRESENTS THE ONLY LOBBYING ACTIVITIES OF THE COLLEGE.	ExplanationTxt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amounts		ArtPublicExhibitionAmountsGrp
Held Works Art		HeldWorksArtGrp

CY Endwmt Fund CYEndwmtFundGrp

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

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$149,219,391	BeginningYearBalanceAmt
Contributions	$2,548,023	ContributionsAmt
Investment Earnings Or Losses	-$3,660,131	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,912,756	GrantsOrScholarshipsAmt
End Year Balance	$144,194,527	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$146,174,009	BeginningYearBalanceAmt
Contributions	$7,028,768	ContributionsAmt
Investment Earnings Or Losses	-$175,992	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,807,394	GrantsOrScholarshipsAmt
End Year Balance	$149,219,391	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$127,945,924	BeginningYearBalanceAmt
Contributions	$2,217,617	ContributionsAmt
Investment Earnings Or Losses	$19,228,787	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,218,319	GrantsOrScholarshipsAmt
End Year Balance	$146,174,009	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.79880	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.14950	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.05170	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	false	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd

Land LandGrp

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

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$671,439,731	OtherCostOrOtherBasisAmt
Depreciation	$193,527,345	DepreciationAmt
Book Value	$477,912,386	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$5,299,978	OtherCostOrOtherBasisAmt
Depreciation	$2,214,392	DepreciationAmt
Book Value	$3,085,586	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$66,724,306	OtherCostOrOtherBasisAmt
Depreciation	$62,587,281	DepreciationAmt
Book Value	$4,137,025	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$88,113,388	OtherCostOrOtherBasisAmt
Book Value	$88,113,388	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$650,091,831	TotalBookValueLandBuildingsAmt
Financial Derivatives		FinancialDerivativesGrp
Closely Held Equity Interests		CloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp

Field	Value	IRS element (for citing)
Desc	FUNDS HELD BY BOND TRUSTEE	Desc
Book Value	$133,077,082	BookValueAmt
Method Valuation	F	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Securities	$133,077,082	TotalBookValueSecuritiesAmt
Federal Income Tax Liability	$0	FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	REFUNDABLE ADVANCES GOVT GRANT	Desc
Amt	$1,636,711	Amt

Field	Value	IRS element (for citing)
Total Liability	$1,636,711	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$190,015,153	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$5,745,243	NetUnrealizedGainsInvstAmt
Other Revenue	$1,979,145	OtherRevenueAmt
Revenue Not Reported	$7,724,388	RevenueNotReportedAmt
Revenue Subtotal	$182,290,765	RevenueSubtotalAmt
Investment Expenses Not Incld	$406,951	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	$63,614,304	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$64,021,255	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$246,312,020	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$199,123,677	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$1,979,145	OtherExpensesIncludedAmt
Expenses Not Reported	$1,979,145	ExpensesNotReportedAmt
Expenses Subtotal	$197,144,532	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$406,951	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$44,356,265	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$44,763,216	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$241,907,748	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
ENDOWMENT FUNDS	SCHEDULE D, PART V, LINE 4 THE COLLEGE'S ENDOWMENT CONSISTS OF APPROXIMATELY 150 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. THE PURPOSE OF THE COLLEGE'S ENDOWMENT FUND IS TO SUPPORT THE EDUCATIONAL MISSION OF THE COLLEGE BY PROVIDING A RELIABLE SOURCE OF FUNDS FOR CURRENT AND FUTURE USE THROUGH QUARTERLY DRAWDOWNS. THE ENDOWMENT IS USED TO FUND SCHOLARSHIPS AND GRANTS AS WELL AS TO PROVIDE SUPPORT FOR PROGRAM SERVICES. UNDER THE COLLEGE'S CURRENT LONG-TERM INVESTMENT SPENDING POLICY, WHICH IS WITHIN THE GUIDELINES SPECIFIED UNDER STATE LAW, THE COLLEGE GENERALLY SPENDS UP TO 3% OF THE AVERAGE MARKET VALUE OF THE QUALIFYING ENDOWMENT INVESTMENT POOL AT THE END OF THE PREVIOUS FIVE CALENDAR YEARS. THE BOARD OF TRUSTEES MAY AUTHORIZE HIGHER AMOUNTS FOR CERTAIN ENDOWMENTS AND CAN INCREASE THE SPENDING RATE UP TO 5%.
ASC 740 INCOME TAX FOOTNOTE	SCHEDULE D, PART X, LINE 2 THE COLLEGE IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED (THE "CODE"), AND IS GENERALLY EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. THE COLLEGE IS REQUIRED TO ASSESS UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT THERE WERE NO SUCH POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
SCHEDULE D, PART XI, LINE 2D	RENTAL EXPENSES 1,739,644 FUNDRAISING EXPENSES 239,501 ------------- TOTAL 1,979,145
SCHEDULE D, PART XI, LINE 4b	STUDeNT AID-EMERSON SCHOLARSHIPS 41,358,847 STUDENT AID GRADUATE TUITION REIMBURSEMENT 2,997,418 loss on debt defeasance 19,258,039 ------------- TOTAL 63,614,304 -------------
SCHEDULE D, PART XII, LINE 2D	RENTAL EXPENSES 1,739,644 FUNDRAISING EXPENSES 239,501 ------------ TOTAL 1,979,145 ------------
SCHEDULE D, PART XII, LINE 4b	STUDeNT AID-EMERSON SCHOLARSHIPS 41,358,847 STUDENT AID GRADUATE TUITION REIMBURSEMENT 2,997,418 ------------- TOTAL 44,356,265 -------------

Schedule E IRS990ScheduleE

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

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

NONDISCRIMINATORY POLICY

SCHEDULE E, PART I, LINE 3 THE COLLEGE'S NONDISCRIMINATORY POLICY IS AVAILABLE IN THE COLLEGE'S ADMISSION CATALOG AND THE COLLEGE'S WEBSITE. EMERSON COLLEGE ADMITS QUALIFIED STUDENTS REGARDLESS OF RACE, COLOR, RELIGIOUS BELIEFS, NATIONAL AND ETHNIC ORIGIN, SEX, SEXUAL ORIENTATION, GENDER IDENTIY, AGE, OR DISABILITY TO ALL OF THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS AT THE COLLEGE. EMERSON COLLEGE DOES NOT UNLAWFULLY DISCRIMINATE ON THE BASIS OF RACE, COLOR, RELIGIOUS BELIEFS, NATIONAL AND ETHNIC ORIGIN, SEX, SEXUAL ORIENTATION, GENDER IDENTITY, AGE, DISABILITY, OR ANY OTHER CATEGORY PROTECTED BY LAW IN THE ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSION POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, ATHLETIC PROGRAMS, OR OTHER COLLEGE-ADMINISTRATED PROGRAMS OR ACTIVITIES.

FINANCIAL AID OR ASSISTANCE

SCHEDULE E, PART I, LINE 6A THE COLLEGE PARTICIPATES IN A NUMBER OF FEDERAL FINANCIAL PROGRAMS FOR ITS STUDENTS WHO HAVE FILED A FAFSA AND ARE ELIGIBLE FOR FEDERAL FINANCIAL AID.

Schedule F IRS990ScheduleF

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

Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)

RegionRegionTxt	OfficesOfficesCnt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
Europe (Including Iceland and Greenland)	1	17	Program Services	Semester abroad class	$2,503,333
Central America and the Caribbean			Investments		$15,564,893
Europe (Including Iceland and Greenland)			Grantmaking		$1,304,019

Field	Value	IRS element (for citing)
Subtotal Offices	1	SubtotalOfficesCnt
Subtotal Employees	17	SubtotalEmployeesCnt
Total Office	1	TotalOfficeCnt
Total Employee	17	TotalEmployeeCnt
Subtotal Spent	$19,372,245	SubtotalSpentAmt
Total Spent	$19,372,245	TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (2 entries)

Type Of AssistanceTypeOfAssistanceTxt	RegionRegionTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt
Emerson College Funded Scholarships	Europe (Including Iceland and Greenland)	141	$1,290,769
State Scholarships	Europe (Including Iceland and Greenland)	9	$13,250

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

Supplemental Information Detail SupplementalInformationDetail (3 entries)

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

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	GOLF TOURNAMENT	Event1Nm
Gross Receipts Event1	$119,000	GrossReceiptsEvent1Amt
Charitable Contri Event1	$61,650	CharitableContriEvent1Amt
Gross Revenue Event1	$57,350	GrossRevenueEvent1Amt
Non Cash Prizes Event1	$3,270	NonCashPrizesEvent1Amt
Rent Facility Costs Event1	$18,989	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$9,344	FoodAndBeverageEvent1Amt
Other Direct Expenses Event1	$7,303	OtherDirectExpensesEvent1Amt
Event2	ALUMNI REUNION	Event2Nm
Gross Receipts Event2	$24,655	GrossReceiptsEvent2Amt
Charitable Contri Event2	$2,945	CharitableContriEvent2Amt
Gross Revenue Event2	$21,710	GrossRevenueEvent2Amt
Non Cash Prizes Event2	$1,729	NonCashPrizesEvent2Amt
Food And Beverage Event2	$123,235	FoodAndBeverageEvent2Amt
Entertainment Event2	$5,300	EntertainmentEvent2Amt
Other Direct Expenses Event2	$70,330	OtherDirectExpensesEvent2Amt
Other Events Total	0	OtherEventsTotalCnt
Gross Receipts Total	$143,655	GrossReceiptsTotalAmt
Charitable Contributions Tot	$64,595	CharitableContributionsTotAmt
Gross Revenue Total Events	$79,060	GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events	$4,999	NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events	$18,989	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$132,579	FoodAndBeverageTotalEventsAmt
Entertainment Total Events	$5,300	EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events	$77,633	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$239,500	DirectExpenseSummaryEventsAmt
Net Income Summary	-$160,440	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

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

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Valuation Method UsedValuationMethodUsedDesc
Emerson College Funded Scholarships	2800	$42,625,433	FMV
State Scholarships	205	$426,683	FMV

Supplemental Information Detail SupplementalInformationDetail

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

Schedule J IRS990ScheduleJ

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

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
M Lee Pelton
President/Trustee	$701,096	$0	$0	$0	$79,122	$0	$24,300	$0	$124,938	$0	$929,456	$0	$0	$0
MichaelE Whelan
Provost & VP for Academic Aff.	$298,972	$0	$0	$0	$1,518	$0	$15,750	$0	$9,053	$0	$325,293	$0	$0	$0
Christine Hughes
VP & General Counsel and Clerk	$222,826	$0	$30,000	$0	$3,160	$0	$11,786	$0	$13,627	$0	$281,399	$0	$0	$0
Maureen Murphy
VP for Admin & Finance	$347,269	$0	$0	$0	$5,148	$0	$18,375	$0	$31,596	$0	$402,388	$0	$0	$0
Ruthanne Madsen
VP for Enrollment Management	$212,660	$0	$0	$0	$686	$0	$11,293	$0	$2,600	$0	$227,239	$0	$0	$0
Arthur Mombourquette
SR. Assoc. VP for Real Estate	$292,318	$0	$0	$0	$2,580	$0		$0	$26,683	$0	$321,581	$0	$0	$0
Ronald Korvas
VP for Inst. Advancement	$304,556	$0	$20,000	$0	$78,687	$0	$16,275	$0	$26,223	$0	$445,741	$0	$0	$0
William Gilligan
VP for Information Technology	$250,714	$0	$0	$0	$6,888	$0	$17,543	$0	$4,410	$0	$279,555	$0	$0	$0
Allison Sampson
VP & Exe. Dir., L.A. program	$259,136	$0	$0	$0	$6,612	$0	$13,802	$0	$12,209	$0	$291,759	$0	$0	$0
Marc Miller
Associate VP for Finance	$179,001	$0	$0	$0	$84,852	$0	$10,382	$0	$11,386	$0	$285,621	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE J, PART I, LINE 1A	FIRST-CLASS TRAVEL THE PRESIDENT MAY TRAVEL VIA FIRST CLASS IN ORDER TO CARRY OUT HIS/HER DUTIES AS REQUIRED BY THE COLLEGE. THE PRESIDENT HAS THE AUTHORITY TO APPROVE FIRST CLASS TRAVEL FOR VICE PRESIDENTS WHEN WARRANTED AND WITH PRIOR APPROVAL. SUCH ACCOMMODATIONS FOR THE PRESIDENT AND VICE PRESIDENTS ARE NOT INCLUDED IN TAXABLE WAGES AS THEY ARE PROVIDED FOR THE BENEFIT OF THE COLLEGE. ONE OFFICER USED SUCH ACCOMODATIONS FOR BUSINESS PURPOSES DURING THE YEAR ENDED JUNE 30, 2018.
SCHEDULE J, PART I, LINE 1A	HOUSING AND PERSONAL SERVICES IN ACCORDANCE WITH COLLEGE POLICY AND INTERNAL REVENUE CODE SECTION 119, THE COLLEGE REQUIRES THE PRESIDENT TO LIVE IN A RESIDENCE OWNED BY THE COLLEGE AS A CONDITION OF EMPLOYMENT DURING HIS TENURE. THE PRESIDENTIAL RESIDENCE IS PROVIDED FOR THE CONVENIENCE OF THE COLLEGE AND EXTENSIVELY USED FOR BUSINESS OF THE COLLEGE. HOUSEKEEPING IS PROVIDED TO MAINTAIN THE APPEARANCE OF THE RESIDENCE FOR COLLEGE FUNCTIONS. THE VALUE OF THE PERSONAL USE OF THE HOME IS INCLUDED IN NON-TAXABLE BENEFITS REPORTED ON SCHEDULE J PART II COLUMN (D). THE VALUE OF THE HOME WAS BASED ON AN INDEPENDENT MARKET APPRAISAL.
SCHEDULE J, PART I, LINE 1A	TAX INDEMNIFICATION AND GROSS-UP PAYMENTS THE COLLEGE PROVIDED CERTAIN PAYMENTS TO EMPLOYEES REPORTED ON SCHEDULE J PART II THAT WERE GROSSED UP FOR TAX PURPOSES. THE BENEFIT WAS TREATED AS TAXABLE COMPENSATION AND REPORTED ON SCHEDULE J PART II COLUMN (B)(III).
SCHEDULE J, PART I, LINE 4A	SEVERANCE AGREEMENTS THE PRESIDENT'S EMPLOYMENT CONTRACT INCLUDES A SEVERANCE PROVISION THAT PROVIDES FOR THE LESSER OF TWO YEARS OF SALARY OR SALARY FOR THE REMAINDER OF HIS TERM. NO AMOUNTS WERE PAID UNDER THIS PROVISION DURING THE CALENDAR YEAR 2017. THE ASSOCIATE VP FOR FINANCE RECEIVED A SEVERANCE PAYMENT OF $65,917 DURING CALENDAR YEAR 2017. THIS AMOUNT IS INCLUDED AS TAXABLE COMPENSATION REPORTED ON SCHEDULE J, PART II, COLUMN B(III).
SCHEDULE J, PART I, LINE 7	NON-FIXED PAYMENTS During calendar 2017, Christine Hughes received a merit bonus based on performance at the direction of the president in the amount of $30,000. Additionally, Ronald Korvas received a retention bonus in accordance with his employment agreement in the amount of $20,000.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
MDFA-SERIES 2010 A
A	043431814	57583RY74	2010-06-24	$124,760,655	DORMS/CLASSROOMS/OFFICE/THEATER	Yes (true)	false	false
CMFA SERIES 2011
B	201563466	13048TMZ3	2011-12-08	$55,463,072	LOS ANGELES BUILDING	Yes (true)	false	false
MDFA Series 2015
C	043431814	57583U7F9	2015-05-14	$143,055,842	Construction of Dormitory & renova	Yes (true)	false	false
MDFA Series 2016A
D	043431814	57584XD57	2016-12-06	$204,166,939	Renovation of Dorm	false	false	false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Bond DefeasedBondDefeasedAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Capitalized InterestCapitalizedInterestAmt	Refunding EscrowRefundingEscrowAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Credit EnhancementCreditEnhancementAmt	Working Capital ExpendituresWorkingCapitalExpendituresAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	UnspentUnspentAmt	Substantial CompletionSubstantialCompletionYr	Current RefundingCurrentRefundingInd	Advance RefundingAdvanceRefundingInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$11,110,000	$114,660,000	$124,760,655	$0	$0	$0	$941,526	$0	$0	$109,067,272	$14,751,857	$0	2012	Yes (true)	false	Yes (true)	Yes (true)
B	$0	$52,400,000	$55,463,072	$0	$4,837,952	$0	$621,432	$0	$0	$50,003,688	$4,837,952	$0	2014	false	false	Yes (true)	Yes (true)
C	$0	$0	$143,055,842	$0	$7,468,507	$0	$892,053	$0	$0	$77,471,533	$64,692,256	$0	2017	false	Yes (true)	Yes (true)	Yes (true)
D	$0	$0	$204,166,939	$0	$15,397,662	$0	$1,185,722	$0	$0	$182,105,940	$15,681,217	$5,194,060	2019	false	false	Yes (true)	Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

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

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 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	Business Name Line1GICProviderName/BusinessNameLine1Txt	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
0
A	false	Yes (true)	false	false	false	false	false	0	false	Yes (true)
0
B	false	Yes (true)	false	false	false	false	false	0	false	Yes (true)
0
C	false	Yes (true)	false	Yes (true)	false	false	false	0	false	Yes (true)
0
D	false	Yes (true)	false	Yes (true)	false	false	false	0	false	Yes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

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

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Schedule K, Part I, Column F

The Series 2010A bonds were issued to refund the Colleges outstanding Series 1999A debt. The Series 2015 bonds were issued to refund the Colleges outstanding Series 2006 debt as well as finance the construction of the 2 Boylston Place dormitory. The Series 2017A bonds were issued to advance refund the Series 2010A debt, and the College fully defeased the remainder of the Series 2010A issuance using operating cash during fiscal 2018. The Series 2017B bonds were issued to advance refund Series 2011 debt.

Schedule K, Part IV, Line 2c

For the Series 2010A issuance, a rebate calculation was performed as of December 31, 2014. For the Series 2011 issuance, the rebate calculation was performed as of June 30, 2016. For the Series 2015, Series 2016A, Series 2017A, and Series 2017B issuances, the rebate calculation was performed on June 30, 2018.

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
MDFA Series 2017A
A	043431814	57584XU74	2017-09-14	$112,429,423	ADVANCE REFUND OF DEBT	false	false	false
CMFA Series 2017B
B	201563466	13048T6J7	2017-09-19	$62,717,607	ADVANCE REFUND OF DEBT	false	false	false
MDFA Series 2018
C	043431814	57584YFK0	2018-04-11	$24,367,428	WORKING CAPITAL	false	false	false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Bond DefeasedBondDefeasedAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Capitalized InterestCapitalizedInterestAmt	Refunding EscrowRefundingEscrowAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Credit EnhancementCreditEnhancementAmt	Working Capital ExpendituresWorkingCapitalExpendituresAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	UnspentUnspentAmt	Substantial CompletionSubstantialCompletionYr	Current RefundingCurrentRefundingInd	Advance RefundingAdvanceRefundingInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$0	$0	$112,429,423	$0	$0	$0	$846,841	$0	$0	$0	$111,582,582	$0	2017	false	Yes (true)	Yes (true)	Yes (true)
B	$0	$0	$62,717,607	$0	$0	$0	$523,293	$0	$0	$0	$62,194,314	$0	2017	false	Yes (true)	Yes (true)	Yes (true)
C	$0	$0	$24,367,428	$0	$0	$0	$367,428	$0	$0	$0	$24,000,000	$0	2018	false	false	Yes (true)	Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

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

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	Business Name Line1GICProviderName/BusinessNameLine1Txt	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
0
A	false	Yes (true)	false	Yes (true)	false	false	false	0	false	Yes (true)
0
B	false	Yes (true)	false	Yes (true)	false	false	false	0	false	Yes (true)
0
C	false	Yes (true)	false	false	false	false	false	0	false	Yes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

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

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Field	Value	IRS element (for citing)
Person	Jordan C Wilson Pelton	PersonNm

Field	Value	IRS element (for citing)
Relationship Description	DAUGHTER OF BOARD MEMBER	RelationshipDescriptionTxt
Transaction	$46,021	TransactionAmt
Transaction	emerson employee	TransactionDesc
Sharing Of Revenues	false	SharingOfRevenuesInd

Schedule M IRS990ScheduleM

Field	Value	IRS element (for citing)
Works Of Art		WorksOfArtGrp
Art Historical Treasures		ArtHistoricalTreasuresGrp
Art Fractional Interest		ArtFractionalInterestGrp
Books And Publications		BooksAndPublicationsGrp
Clothing And Household Goods		ClothingAndHouseholdGoodsGrp
Cars And Other Vehicles		CarsAndOtherVehiclesGrp
Boats And Planes		BoatsAndPlanesGrp
Intellectual Property		IntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	7	ContributionCnt
Noncash Contributions Rpt F990	$526,483	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FAIR MARKET VALUE	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Securities Closely Held Stock		SecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust Intrsts		SecurPrtnrshpTrustIntrstsGrp
Securities Miscellaneous		SecuritiesMiscellaneousGrp
Qualified Contrib Hist Struct		QualifiedContribHistStructGrp
Qualified Contrib Other		QualifiedContribOtherGrp
Real Estate Residential		RealEstateResidentialGrp
Real Estate Commercial		RealEstateCommercialGrp
Real Estate Other		RealEstateOtherGrp
Collectibles		CollectiblesGrp
Food Inventory		FoodInventoryGrp
Drugs And Medical Supplies		DrugsAndMedicalSuppliesGrp
Taxidermy		TaxidermyGrp
Historical Artifacts		HistoricalArtifactsGrp
Scientific Specimens		ScientificSpecimensGrp
Archaeological Artifacts		ArchaeologicalArtifactsGrp
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (true)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	false	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

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

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
VOLUNTEERS	FORM 990, PART I, LINE 6 THE COLLEGE IDENTIFIED THE AREAS AND DEPARTMENTS THAT USE VOLUNTEERS DURING THE TAX YEAR. THESE DEPARTMENTS WERE ASKED TO ESTIMATE THE NUMBER OF VOLUNTEERS USED FOR THE VARIOUS PROGRAMS. THE TYPES OF SERVICES PROVIDED BY THESE VOLUNTEERS INCLUDE PHONE-A-THONS, ORIENTATION, CAMPUS TOUR GUIDES, AND INFORMATION SESSIONS. THE NUMBER DOES NOT INCLUDE EMPLOYEES.
MISSION (CONTINUED)	FORM 990, PART III, LINE 1 THE COLLEGE IS ORGANIZED INTO TWO SCHOOLS, EACH OF WHICH OFFERS BOTH UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS: THE SCHOOL OF THE ARTS AND THE SCHOOL OF COMMUNICATION. IN ADDITION TO ITS BOSTON, MASSACHUSETTS LOCATION, THE COLLEGE MAINTAINS CAMPUSES IN LOS ANGELES, CALIFORNIA AND KASTEEL WELL, THE NETHERLANDS.
EXECUTIVE COMMITTEE	FORM 990, PART VI, SECTION A, LINE 1A THE BYLAWS DELEGATES GENERAL SUPERVISION OF THE ADMINISTRATION AND PROPERTY OF THE COLLEGE TO AN EXECUTIVE COMMITTEE IN BETWEEN MEETINGS OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE CONSISTS OF THE OFFICERS OF THE BOARD, THE PRESIDENT, AND A TRUSTEE ELECTED BY THE CHAIR. IN ADDITION TO GENERAL SUPERVISION BETWEEN BOARD MEETINGS, THE EXECUTIVE COMMITTEE HAS AUTHORITY TO APPROVE THE APPOINTMENT OF VICE PRESIDENTS AND DEANS OF SCHOOLS PROPOSED BY THE PRESIDENT OF THE COLLEGE; EXERCISE GENERAL OVERSIGHT OVER HUMAN RESOURCES POLICIES; AND APPOINT ACTING TREASURER AND/OR ACTING SECRETARY UNTIL THE NEXT ANNUAL MEETING. BUSINESS RELATIONSHIPS FORM 990, PART VI, SECTION A, LINE 2 DURING THE FISCAL YEAR ENDED JUNE 30, 2018, TRUSTEES VINCENT J. DI BONA AND GARY GROSSMAN HAD A BUSINESS RELATIONSHIP WITH ONE ANOTHER.
FORM 990 REVIEW PROCESS	FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM WITH INFORMATION PROVIDED BY MANAGEMENT. A DRAFT FORM 990 IS GIVEN TO THE AUDIT COMMITTEE FOR THEIR REVIEW. DURING THIS REVIEW, QUESTIONS REGARDING THE DRAFT FORM 990 ARE ANSWERED BY MANAGEMENT. CHANGES ARE MADE IF APPROPRIATE. THE FORM 990 IS THEN PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY BY WAY OF A SECURE, PASSWORD PROTECTED WEBSITE ON WHICH THE ENTIRE FORM 990 AND ALL REQUIRED SCHEDULES ARE AVAILABLE FOR REVIEW. ALL TRUSTEES ARE ASKED TO REVIEW THE FILING AND FORWARD ANY COMMENTS TO MANAGEMENT FOR CONSIDERATION AND DISCUSSION IF NECESSARY WITH THE INDEPENDENT TAX RETURN PREPARER. AT THE END OF THE REVIEW PERIOD, THE FINAL RETURN, AS IT WILL BE FILED WITH THE IRS, IS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY PRIOR TO FILING.
CONFLICT OF INTEREST POLICY	FORM 990, PART VI, SECTION B, LINE 12C THE BY-LAWS OF THE BOARD OF TRUSTEES CONTAIN A WRITTEN CONFLICT OF INTEREST POLICY. OFFICERS AND MEMBERS OF THE BOARD ANNUALLY ACKNOWLEDGE RECEIPT OF, AND FAMILIARITY WITH, THE POLICY. WHEN AN INDIVIDUAL DISCLOSES A POSSIBLE CONFLICT OF INTEREST, OR WHEN A POSSIBLE CONFLICT IS OTHERWISE IDENTIFIED, IT IS REFERRED TO THE PRESIDENT OF THE COLLEGE AND THE CHAIR OF THE BOARD OF TRUSTEES. THE CHAIR REVIEWS THE POSSIBLE CONFLICT OF INTEREST AND, IF WARRANTED, SELECTS AN AD HOC COMMITTEE TO REVIEW THE POSSIBLE CONFLICT OF INTEREST. THE PRESIDENT AND THE VICE PRESIDENT AND GENERAL COUNSEL OF THE COLLEGE PREPARE A MEMORANDUM DESCRIBING THE POTENTIAL CONFLICT OF INTEREST THAT IS SENT TO THE MEMBERS OF THE AD HOC COMMITTEE. THE MEMBERS OF THE AD HOC COMMITTEE MEET AND DETERMINE WHETHER TO PERMIT THE POTENTIAL CONFLICT OF INTEREST. IF THE TRUSTEE HAS A CONFLICT, THEY MUST RECUSE THEMSELVES FROM ANY COMMITTEES TASKED WITH MAKING A DECISION ON THE TOPIC WHERE THEY HAVE A CONFLICT.
COMPENSATION REVIEW	FORM 990, PART VI, SECTION B, LINES 15A AND 15B DURING FISCAL YEAR 2016, THE COLLEGE REVIEWED AND REVISED THE COMPENSATION PAID TO ALL ITS OFFICERS AND KEY EMPLOYEES. THE COLLEGE WAS ASSISTED THROUGHOUT THE PROCESS BY INDEPENDENT OUTSIDE COUNSEL. VICE PRESIDENT COMPENSATION RECOMMENDATIONS ARE MADE BY THE PRESIDENT AND REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. AFTER DISCUSSION, THE COMMITTEE APPROVES RECOMMENDED COMPENSATION TO BE SUBMITTED TO THE FULL BOARD OF TRUSTEES. THE PRESIDENT AND VICE PRESIDENT COMPENSATIONS ARE THEN CONSIDERED AT A MEETING OF THE FULL BOARD OF TRUSTEES. AFTER DISCUSSION, THE BOARD OF TRUSTEES APPROVE COMPENSATION TERMS FOR THE PRESIDENT AND EACH VICE PRESIDENT. AT THE MEETINGS OF BOTH THE COMPENSATION COMMITTEE AND THE BOARD OF TRUSTEES, IT IS FIRST DETERMINED THAT NO MEMBER OF THE COMMITTEE OR BOARD HAS A CONFLICT OF INTEREST. THEN, THE COMMITTEE AND BOARD CONSIDER THE RESPONSIBILITIES OF EACH POSITION, THE COLLEGE'S NEEDS AND EXPECTATIONS WITH RESPECT TO EACH POSITION, THE JOB PERFORMANCE OF EACH VICE PRESIDENT AND THE PRESIDENT, THE FINANCIAL HEALTH OF THE COLLEGE, AND COMPREHENSIVE COMPARABLE DATA PROVIDED BY AN INDEPENDENT NATIONAL COMPENSATION CONSULTING FIRM. THE ABOVE PROCESS, INCLUDING IDENTIFICATION OF THE BOARD MEMBERS WHO WERE PRESENT AND APPROVED THE COMPENSATION, WAS DOCUMENTED IN THE MINUTES OF THE BOARD OF TRUSTEES MEETING. THESE MINUTES WERE THEN APPROVED AT THE NEXT BOARD OF TRUSTEES MEETING. AS DESCRIBED, THE COMPENSATION PROCEDURES OF THE COLLEGE MEET THE REQUIREMENTS OF THE REBUTTABLE PRESUMPTION.
PUBLIC INSPECTION	FORM 990, PART VI, SECTION C, LINE 19 EMERSON COLLEGE MAKES AVAILABLE FORM 990 ON ITS WEBSITE, AND FORM 990-T UPON REQUEST. DURING THE YEAR, THE COLLEGE RECEIVES REGULAR REQUESTS FOR THE TAX DOCUMENTS AND THESE REQUESTS ARE NORMALLY FULFILLED WITHIN A DAY. THE COLLEGE MAKES AVAILABLE ITS GOVERNING DOCUMENTS (BY-LAWS), CONFLICT OF INTEREST POLICY AND ITS FINANCIAL STATEMENTS ON THE COLLEGE'S WEBSITE.
PRIOR PERIOD ADJUSTMENT	FORM 990, PART X, LINES 27 AND 29 DURING THE YEAR JUNE 30, 2018 THE COLLEGE IDENTIFIED $700,000 OF ENDOWED GIFTS RECEIVED PRIOR TO JUNE 30, 2016 PREVIOUSLY CLASSIFIED AS PERMANENTLY RESTRICTED THAT SHOULD HAVE BEEN CLASSIFIED AS SIMULTANEOUSLY RELEASED TEMPORARILY RESTRICTED GIFTS. THE UNRESTRICTED NET ASSETS BALANCE FOR THE YEAR ENDED JUNE 30, 2017, HAS BEEN UPDATED TO $406,331,000 FROM $405,631,000, AND THE PERMANENTLY RESTRICTED NET ASSETS BALANCE FOR THE YEAR ENDED JUNE 30, 2017, HAS BEEN UPDATED TO $25,936,000 FROM $26,636,000 TO INCORPORATE THIS REVISION. form 990, part xi, line 9 loss on debt defeasance (19,258,039)