2017-05-10T10:52:30-05:00 2016-06-30 EISNERAMPER LLP 750 THIRD AVENUE NEW YORK NY 100172703 990 2015-07-01 131635286 THE SPENCE SCHOOL % ELYSE WATERHOUSE SPEN 6469436822 22 EAST 91ST STREET NEW YORK NY 10128 ELYSE WATERHOUSE DIRECTOR OF FINANCE & OPERATIONS 6469436822 2017-05-01 true CANDICE METH P01306891 2129498700 2015 2021-01-29 14:40:06Z ELYSE WATERHOUSE 22 EAST 91ST STREET NEW YORK NY 10128 73115350 false X WWW.SPENCESCHOOL.ORG X 1928 NY TO PREPARE A DIVERSE COMMUNITY OF GIRLS AND YOUNG WOMEN FOR THE LIFELONG TRANSFORMATION OF SELF AND THE WORLD WITH PURPOSE, PASSION AND PERSPECTIVE. 26 26 366 200 127904 95858 11655243 22978710 32517177 34373980 2411341 4225652 562846 552385 47146607 62130727 4559711 4843907 0 0 25500288 27112047 0 216000 2045285 14185571 14290156 44245570 46462110 2901037 15668617 307085081 316738014 30694792 29609478 276390289 287128536 WITH A COMMITMENT TO ACADEMIC EXCELLENCE AND PERSONAL INTEGRITY, THE SPENCE SCHOOL PREPARES A DIVERSE COMMUNITY OF GIRLS AND YOUNG WOMEN FOR THE LIFELONG TRANSFORMATION OF SELF AND THE WORLD WITH PURPOSE, PASSION AND PERSPECTIVE. false false 39108090 4843907 34373980 THE SPENCE SCHOOL IS AN INDEPENDENT, COLLEGE PREPARATORY DAY SCHOOL FOR GIRLS IN GRADES KINDERGARTEN THROUGH 12. 39108090 true true false false false false false false false true true true false false false true true false true false true false false true true false false false true true true false false false false false false false false false false true false false false false false false false false true 115 0 true 366 true true true VI CJ false false false true true false false false false X 26 26 false false false false false false false true true false false true true true true true true true true false X ELYSE WATERHOUSE 6469436822 22 EAST 91ST STREET NEW YORK NY 10128 WILLIAM L JACOB III PRESIDENT 10.0 0.0 X X 0 0 0 BETSY PITTS VICE PRESIDENT 2.0 0.0 X X 0 0 0 LYON POLK VICE PRESIDENT 2.0 0.0 X X 0 0 0 LAURIE MANDELBAUM SECRETARY 2.0 0.0 X X 0 0 0 ANYA HERZ SHIVA PRESIDENT OF THE ALUMNAE ASSOC 2.0 0.0 X X 0 0 0 MICHELLE HOCK PRESIDENT OF PARENT ASSOC 2.0 0.0 X X 0 0 0 GABRIELA P BARON TRUSTEE 2.0 0.0 X 0 0 0 GEORGE R BASON JR TRUSTEE 2.0 0.0 X 0 0 0 NORM CHAMP TRUSTEE 2.0 0.0 X 0 0 0 MICHAEL CLIFFORD TRUSTEE 2.0 0.0 X 0 0 0 ANAND DESAI TRUSTEE 2.0 0.0 X 0 0 0 REBECCA DANZINGER GAMZON TRUSTEE 2.0 0.0 X 0 0 0 AMY GRIFFIN TRUSTEE 2.0 0.0 X 0 0 0 EMILIO HARRIS TRUSTEE 2.0 0.0 X 0 0 0 JENNIFER HOINE TRUSTEE 2.0 0.0 X 0 0 0 SONNY KALSI TRUSTEE 2.0 0.0 X 0 0 0 ADAM KLEIN TRUSTEE 2.0 0.0 X 0 0 0 KIMBERLY KRAVIS TRUSTEE 2.0 0.0 X 0 0 0 ROBERT N LAUDER TRUSTEE 2.0 0.0 X 0 0 0 SCOTT C NUTTALL TRUSTEE 2.0 0.0 X 0 0 0 RICHARD OLCOTT TRUSTEE 2.0 0.0 X 0 0 0 C CYBELE RAVER TRUSTEE (AS OF 10/2015) 2.0 0.0 X 0 0 0 JAMES SHULMAN TRUSTEE (AS OF 03/2016) 2.0 0.0 X 0 0 0 THEODORE T WANG TRUSTEE 2.0 0.0 X 0 0 0 AKUEZUNKPA UDE WELCOME TRUSTEE 2.0 0.0 X 0 0 0 RAVI P YADAV TRUSTEE 2.0 0.0 X 0 0 0 ELLANOR N BRIZENDINE HEAD OF SCHOOL 40.0 0.0 X 682724 0 52753 ELYSE WATERHOUSE DIRECTOR FINANCE & OPERATIONS 40.0 0.0 X 398313 0 34505 ELIZABETH CAUSEY HEAD OF LOWER SCHOOL 40.0 0.0 X 222649 0 32063 KAREN SULLIVAN HEAD OF MIDDLE SCHOOL 40.0 0.0 X 224839 0 32063 MICHELE KRAUTHAMER HEAD OF UPPER SCHOOL 40.0 0.0 X 203158 0 32295 DOUG BROPHY ACADEMIC DEAN 40.0 0.0 X 251353 0 33557 CARRIE HINRICHS DIRECTOR OF ADVANCEMENT 40.0 0.0 X 233207 0 31899 CHRISTOPHER YORK INFORMATION SYSTEMS MANAGER 40.0 0.0 X 226886 0 31906 MICHELE MURPHY DIR SCHOOL AFFAIRS/ACAD. TECH 40.0 0.0 X 182823 0 36976 SUSAN PARKER DIRECTOR OF ADMISSIONS 40.0 0.0 X 182080 0 37206 2808032 0 355223 68 false true false ZUBATKIN OWNER REPRESENTATION LLC 333 WEST 52ND STREET 6TH FLOOR NEW YORK NY 10019 CONSTRUCTION MGT 317303 GENSLER ARCHITECTURE DESIGN 1700 BROADWAY SUITE 400 NEW YORK NY 10019 PRE-DESIGN SERVICES 151140 EW HOWELL CO INC 37 WEST 37TH ST 7TH FLOOR NEW YORK NY 10018 GENERAL CONTRACTOR 154451 COMMUNITY COUNSELLING SERVICE 461 FIFTH AVENUE - 3RD FLOOR NEW YORK NY 10017 ON-SITE CAMPAIGN MGT 144000 BRILLIANT TRANSPORTATION 242 5TH AVENUE PENTHOUSE - 6TH FLOO NEW YORK NY 10001 BUS SERVICES 255608 5 503317 299744 22175649 1126243 22978710 TUITION 611710 33215258 33215258 AFTER SCHOOL PRGM 611710 779837 779837 MUSIC PROGRAM FEES 611710 217455 217455 STUDENT FEES 611710 161430 161430 34373980 1390195 19894 1370301 0 0 552385 552385 0 552385 72385 480000 12394563 9559106 2835457 2835457 35625 2799832 1425517 503317 1425517 0 0 0 0 0 62130727 34373980 127904 4650133 0 4843907 4843907 0 0 2015036 1549661 465375 0 19384704 17620019 777188 987497 1404480 1285608 55636 63236 2801596 2542392 138596 120608 1506231 1364874 78326 63031 0 49774 49774 67114 67114 0 216000 216000 298930 298930 74012 74012 230580 230580 1696439 120034 1223795 352610 344107 86750 257357 0 1455643 1164514 291129 18774 18774 0 82712 82712 384274 384274 0 5301159 4240927 1060232 341115 272892 68223 EDUCATIONAL EXPENSES 2627957 2627957 FOOD SERVICE 500263 500263 AFTERSCHOOL PROGRAMS 805580 805580 CAMPAIGN EXPENSES 11723 11723 46462110 39108090 5308735 2045285 1000 1000 39080188 46242281 24369629 30074509 545917 331134 39567 0 0 0 11806 4117 0 0 2401182 2486374 208273241 45602956 165854905 162670285 46307295 52544230 27929870 21867792 0 0 0 0 543722 516292 307085081 316738014 1826180 1924601 0 0 15675218 15024160 13193394 12660717 0 0 0 0 0 0 0 0 0 0 30694792 29609478 X 164339038 163085965 52561685 61222751 59489566 62819820 276390289 287128536 307085081 316738014 X 15668617 -4779172 -151198 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 78307974 6333281 -1120723 3339000 80181532 77638918 2407031 1332025 3070000 78307974 67391297 3426029 10117592 3296000 77638918 56330384 8365778 3181143 486008 67391297 90548045 1082091 -7765752 27534000 56330384 0.04780 0.16870 0.78350 false false 30693288 30693288 168141610 39781957 128359653 9438343 5820999 3617344 162670285 ALTERNATIVE INVESTMENTS 21867792 F 21867792 0 0 X 52136333 -4779172 -4779172 56915505 298930 4916292 5215222 62130727 41398086 151198 151198 41246888 298930 4916292 5215222 46462110 FORM 990, SCHEDULE D, PART V, LINE 4 THE SCHOOL'S ENDOWMENT CONSISTS OF BOTH INDIVIDUAL DONOR-RESTRICTED FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENT. THE ENDOWMENT FUNDS OF THE SCHOOL ARE INTENDED TO BE USED TO SUPPORT ITS LONG-TERM MISSION. FORM 990, SCHEDULE D, PART X, LINE 2 THE SCHOOL IS SUBJECT TO THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S (THE "FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, RELATING TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. FOR THE SCHOOL, THESE PROVISIONS COULD BE APPLICABLE TO THE INCURRENCE OF UNRELATED BUSINESS INCOME TAX ATTRIBUTABLE TO CERTAIN OF THE SCHOOL'S INVESTMENTS AND RENTAL INCOME ACTIVITIES. HOWEVER, DUE TO THE SCHOOL'S GENERAL TAX-EXEMPT STATUS, ASC TOPIC 740 HAS NOT HAD, AND IS NOT EXPECTED TO HAVE, A MATERIAL IMPACT ON THE SCHOOL'S FINANCIAL STATEMENTS. FORM 990, SCHEDULE D, PART XI LINE 4B AMOUNTS NETTED FOR FINANCIAL REPORTING PURPOSES AS FOLLOWS: FINANCIAL AID OF $4,843,907 AND BUILDING USE FEES OF $72,385, TOTALING $4,916,292. FORM 990, SCHEDULE D, PART XII, LINES 2C AND 4B AMOUNTS NETTED FOR FINANCIAL REPORTING PURPOSES AS FOLLOWS: LINE 2C LOSS ON UNCOLLECTIBLE PLEDGES OF $151,198. LINE 4B: FINANCIAL AID OF $4,843,907, BUILDING USE FEES OF $72,385, TOTALING $4,916,292. true true true true true true true false false false false false false false false true false true FORM 990, SCHEDULE E, PART 1, LINE 3 THE SCHOOL PUBLICIZES ITS NON-DISCRIMINATION POLICY ON ITS WEBSITE. FORM 990, SCHEDULE E, PART 1, LINE 6A THE SCHOOL RECEIVES AN APPROPRIATION FROM THE NEW YORK STATE DEPARTMENT OF EDUCATION FOR THE PERFORMANCE OF MANDATED SERVICES AND FUNDING FOR SAFETY EQUIPMENT. Central America and the Caribbean INVESTMENTS 8968639 8968639 8968639 true false false true true false FORM 990, SCHEDULE F, PART IV FORM 926: THE SCHOOL WAS A U.S. TRANSFEROR OF PROPERTY TO VARIOUS FOREIGN CORPORATIONS DURING THE TAX YEAR, HOWEVER, THE SCHOOL DID NOT MEET THE MINIMUM FILING THRESHOLD REQUIREMENTS FOR THE FILING OF FORM 926. FORM 8621: THE SCHOOL WAS AN INDIRECT SHAREHOLDER OF VARIOUS PASSIVE FOREIGN INVESTMENT COMPANIES OR QUALIFIED ELECTING FUNDS DURING THE YEAR, HOWEVER, THE SCHOOL DID NOT MEET THE REPORTING REQUIREMENTS FOR THE FILING OF FORM 8621. FORM 8865: THE SCHOOL HAD VARIOUS OWNERSHIP INTERESTS IN FOREIGN PARTNERSHIPS DURING THE TAX YEAR, HOWEVER THE SCHOOL DID NOT MEET THE REPORTING REQUIREMENTS FOR THE FILING OF FORM 8865. X X X X X X true COMMUNITY COUNSELLING SERVIC ON-SIT 461 FIFTH AVENUE - 3RD FLOOR NEW YORK NY 10017 CAMPAIGN MANAGEMENT false 216000 216000 125TH ANNIVER 1928834 503317 1425517 458850 493255 35500 437912 0 1928834 503317 1425517 458850 493255 35500 437912 1425517 true FINANCIAL AID PROVIDED TO STUDENTS 138 4843907 FAIR VALUE TUITION REDUCTION GRANTS AND OTHER ASSISTANCE THE SPENCE SCHOOL REQUESTS THAT FAMILIES APPLYING FOR NEED-BASED FINANCIAL AID ANNUALLY SUBMIT THE PARENTS' FINANCIAL STATEMENTS TO THE SCHOOL AND STUDENT SERVICES ADMINISTERED BY THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS ("NAIS"), AS WELL AS PROVIDE COPIES OF FINANCIAL INFORMATION, SUCH AS TAX RETURNS AND W-2 FORMS. ALL GRANTS OF FINANCIAL AID ARE APPLIED TO A RECIPIENT'S OUTSTANDING TUITION CHARGES. X X true true X X X X false false false false false false false false false ELLANOR N BRIZENDINE HEAD OF SCHOOL 682724 0 0 0 0 0 40945 0 11808 0 735477 0 0 0 ELYSE WATERHOUSE DIRECTOR FINANCE & OPERATIONS 398313 0 0 0 0 0 22945 0 11560 0 432818 0 0 0 ELIZABETH CAUSEY HEAD OF LOWER SCHOOL 222649 0 0 0 0 0 20255 0 11808 0 254712 0 0 0 KAREN SULLIVAN HEAD OF MIDDLE SCHOOL 224839 0 0 0 0 0 20255 0 11808 0 256902 0 0 0 MICHELE KRAUTHAMER HEAD OF UPPER SCHOOL 203158 0 0 0 0 0 17852 0 14443 0 235453 0 0 0 DOUG BROPHY ACADEMIC DEAN 251353 0 0 0 0 0 21749 0 11808 0 284910 0 0 0 CARRIE HINRICHS DIRECTOR OF ADVANCEMENT 233207 0 0 0 0 0 20339 0 11560 0 265106 0 0 0 CHRISTOPHER YORK INFORMATION SYSTEMS MANAGER 226886 0 0 0 0 0 20346 0 11560 0 258792 0 0 0 MICHELE MURPHY DIR SCHOOL AFFAIRS/ACAD. TECH 182823 0 0 0 0 0 17476 0 19500 0 219799 0 0 0 SUSAN PARKER DIRECTOR OF ADMISSIONS 182080 0 0 0 0 0 16869 0 20337 0 219286 0 0 0 PART I LINE 1A THE SCHOOL PROVIDES HOUSING TO THE HEAD OF SCHOOL. THE HOUSING BENEFIT IS PART OF THE EMPLOYMENT CONTRACT OF THE HEAD OF SCHOOL. PERSONAL SERVICES - PERSONAL SERVICES ARE FOR HOUSEKEEPING SERVICES AT THE HEAD OF SCHOOL'S HOME. A BUILD NYC RESOURCE CORPORATION 454040561 2013-09-25 14080000 EXPANSION/ACQUISITION OF SPACE false false false A 0 0 14080000 0 0 0 310784 0 0 0 0 0 false false true true A false false false false 0 false false false true A false false false false false false 0 false 0 A true FORM 990, SCHEDULE K X 52 1126243 FV false true true Part I line 32B DONATED SECURITIES RECEIVED BY THE SCHOOL ARE SOLD THROUGH A THIRD-PARTY BROKER. FORM 990, PART VI, SECTION B, LINE 11A THE FORMS 990, 990T AND CT-13 ARE DISTRIBUTED TO THE FULL BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES ARE REQUIRED TO ATTEST ON AN ANNUAL BASIS THEIR FAMILIARITY WITH THE SCHOOL'S POLICIES AND PROVIDE INFORMATION CONCERNING ANY POSSIBLE CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINES 15A AND 15B THE HEAD OF SCHOOL'S COMPENSATION IS REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE AND THEN THE OFFICERS OF THE BOARD OF TRUSTEES, BASED UPON COMPARATIVE DATA PUBLISHED BY PEER SCHOOLS. THE COMPENSATION OF THE DIRECTOR OF FINANCE AND OPERATIONS AND KEY EMPLOYEES IS REVIEWED BY THE HEAD OF SCHOOL AND THE PRESIDENT OF THE BOARD OF TRUSTEES. COMPARATIVE DATA FROM PEER SCHOOLS USED AS COMPARABLE CURRENT MARKET RATES. FORM 990, PART VI, SECTION C, LINE 19 THE SCHOOL MAKES THE 990 AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 AMOUNT REPRESENTS LOSS ON UNCOLLECTIBLE PLEDGES.