COLUMBIA COLLEGE CHICAGO: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- COLUMBIA COLLEGE CHICAGO (EIN 36-6112087)
- Tax period
- 2014-09-01 to 2015-08-31
- Filed
- 2016-07-14
- IRS object ID
- 201641969349301434
- Schema version
- 2014v6.0
- 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
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-07-14T17:00:12-05:00 | ReturnTs |
| Tax Period End | 2015-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 350921680 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE HORWATH LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 West Wacker Drive | AddressLine1Txt |
| Address Line2 | Suite 2600 | AddressLine2Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606061224 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 366112087 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Columbia College Chicago | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | COLU | BusinessNameControlTxt |
| Phone | 3123697162 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 South Michigan Ave | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60605 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Richard Dowsek | PersonNm |
| Person Title | Interim VP of Business Affairs&CFO | PersonTitleTxt |
| Signature | 2016-07-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN WOODHULL | PreparerPersonNm |
| PTIN | P01305268 | PTIN |
| Phone | 3128997000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-09-27 15:27:22Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Dr Kwang-Wu Kim | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 South Michigan Ave | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60605 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $357,742,622 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.colum.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1890 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | The organization's mission is to educate students for creative occupations in diverse fields of the arts and media. | ActivityOrMissionDesc |
| Voting Members Governing Body | 30 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 29 | VotingMembersIndependentCnt |
| Total Employee | 4677 | TotalEmployeeCnt |
| Total Volunteers | 36 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $7,933,050 | PYContributionsGrantsAmt |
| CY Contributions Grants | $14,149,450 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $244,405,568 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $235,833,511 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,591,543 | PYInvestmentIncomeAmt |
| CY Investment Income | $5,106,419 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,582,548 | PYOtherRevenueAmt |
| CY Other Revenue | $3,721,560 | CYOtherRevenueAmt |
| PY Total Revenue | $261,512,709 | PYTotalRevenueAmt |
| CY Total Revenue | $258,810,940 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $35,522,362 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $38,064,969 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $131,266,011 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $127,543,366 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $18,500 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $2,151 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,793,617 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $88,087,939 | PYOtherExpensesAmt |
| CY Other Expenses | $87,493,031 | CYOtherExpensesAmt |
| PY Total Expenses | $254,894,812 | PYTotalExpensesAmt |
| CY Total Expenses | $253,103,517 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,617,897 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $5,707,423 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $434,840,399 | TotalAssetsBOYAmt |
| Total Assets EOY | $421,934,750 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $142,898,536 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $131,876,599 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $291,941,863 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $290,058,151 | NetAssetsOrFundBalancesEOYAmt |
| Mission | The organization's mission is to educate students for creative occupations in diverse fields of the arts and media. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $178,690,410 | ExpenseAmt |
| Grant | $37,535,969 | GrantAmt |
| Revenue | $209,482,500 | RevenueAmt |
| Desc | COLUMBIA COLLEGE CHICAGO (THE COLLEGE) IS A FULLY ACCREDITED NOT-FOR-PROFIT PRIVATE COLLEGE WITH MORE THAN 120 ACADEMIC PROGRAMS AND OVER 9,000 STUDENTS. COLUMBIA COLLEGE CHICAGO AWARDS UNDERGRADUATE BACHELOR OF ARTS, BACHELOR OF FINE ARTS AND BACHELOR OF MUSIC DEGREES, ALONG WITH GRADUATE MASTER OF ARTS, MASTERS OF ARTS MANAGEMENT, MASTERS OF FINE ART AND MASTERS OF ARTS IN TEACHING DEGREES. THE COLLEGE IS ONE OF THE LARGEST AND MOST DIVERSE PRIVATE ARTS AND MEDIA COLLEGES IN THE NATION. THE COLLEGE'S INTENT IS TO EDUCATE STUDENTS WHO WILL COMMUNICATE CREATIVELY AND SHAPE PUBLIC PERCEPTION OF ISSUES AND EVENTS AND WHO WILL AUTHOR THE CULTURE OF THEIR TIMES. THE COLLEGE HAD 8,608 STUDENTS ENROLLED IN ITS UNDERGRADUATE PROGRAMS AND 353 STUDENTS ENROLLED IN ITS GRADUATE PROGRAMS. THE UNDERGRADUATE PROGRAMS ARE OFFERED IN THREE SCHOOLS WITHIN THE COLLEGE; THE SCHOOL OF FINE AND PERFORMING ARTS; THE SCHOOL OF LIBERAL ARTS & SCIENCES; AND THE SCHOOL OF MEDIA ARTS. COLUMBIA COLLEGE CHICAGO CONSISTS OF THREE SCHOOLS: FINE AND PERFORMING ARTS, LIBERAL ARTS AND SCIENCES AND MEDIA ARTS. IN FALL 2015, THE SCHOOL OF FINE AND PERFORMING ARTS HAD AN UNDERGRADUATE ENROLLMENT OF 4,531 AND A GRADUATE ENROLLMENT OF 172. THE SCHOOL OF LIBERAL ARTS AND SCIENCES HAD AN UNDERGRADUATE ENROLLMENT OF 558 AND A GRADUATE ENROLLMENT OF 108. THE SCHOOL OF MEDIA ARTS HAD AN UNDERGRADUATE ENROLLMENT OF 3,366 AND A GRADUATE ENROLLMENT OF 72. THERE WERE 154 STUDENTS WHO DID NOT HAVE AN OFFICIAL DEPARTMENT. IN THE 2014-2015 ACADEMIC YEAR, THE COLLEGE GRANTED 2,127 DEGREES. THE SCHOOL OF FINE AND PERFORMING ARTS GRANTED 1,038 DEGREES (959 WERE UNDERGRADUATE), THE SCHOOL OF LIBERAL ARTS AND SCIENCES GRANTED 206 DEGREES (146 WERE UNDERGRADUATE), AND THE SCHOOL OF MEDIA ARTS GRANTED 847 DEGREES (804 WERE UNDERGRADUATE). ADDITIONALLY, 36 DEGREES WERE GRANTED TO UNDERGRADUATE STUDENTS WITHOUT ENROLLMENT IN A SPECIFIC SCHOOL. THERE ARE 20 DEPARTMENTS WITH UNDERGRADUATE PROGRAMS, AND 9 DEPARTMENTS WITH GRADUATE PROGRAMS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $27,685,742 | ExpenseAmt |
| Grant | $529,000 | GrantAmt |
| Revenue | $29,466,777 | RevenueAmt |
| Desc | COLUMBIA COLLEGE PROVIDES HOUSING, FOOD SERVICE AND RESIDENCE LIFE PROGRAMS TO ITS STUDENTS. THE COLLEGE HAS OVER 2,581 BEDS AVAILABLE TO ITS STUDENTS IN FIVE DIFFERENT RESIDENCE CENTERS ON ITS CAMPUS | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $206,376,152 | 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 | Yes (true) | 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 | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | 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 | Yes (true) | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | 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 | 1008 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 4677 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| 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 | 30 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 29 | 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 | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Matthew Jaehrling | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3123697162 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 SOUTH MICHIGAN AVE | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60605 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (51 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| RICHARD KIPHART | |||||||||
| CHAIRMAN OF THE BOARD | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| CHESTER T KAMIN | |||||||||
| VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| SYLVIA NEIL | |||||||||
| VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| BARRY M SABLOFF | |||||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| SHARON REESE DALENBERG | |||||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| KWANG-WU KIM | |||||||||
| PRESIDENT AND CEO | 40.00 | Yes (X) | Yes (X) | $400,488 | $0 | $176,072 | |||
| ANDREW J N ALEXANDER | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| LESTER CONEY | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| SUSAN V DOWNING | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| LUIS DE LA PARRA | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JEREMY EFROYMSON | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JANE GATELY | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN R GEHRON | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ALLISON GRANT WILLIAMS | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DEVIN A GROSS | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN MCLAIN HOLMES | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOAN HAMMEL | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| AVERILL LEVITON | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| JAY LEIB | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| FREDERICK C LOWINGER | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| HOWARD MENDELSOHN | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| MADELINE MOORE BURRELL | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ARLEN RUBIN | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ASHA SPENCER | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ARTHUR SUSSMAN | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ANDREAS WALDBURG-WOLFEGG | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| SONA WANG | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| HUGH C WILLIAMS | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| BILL WOLF | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ROBERT A WISLOW | |||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| STEVE DEVICK | |||||||||
| TRUSTEE THROUGH MAY 2015 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| GEORGIA FOGELSON | |||||||||
| TRUSTEE THROUGH MAY 2015 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| ALLEN M TURNER | |||||||||
| TRUSTEE THROUGH OCT 2014 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| DAVID SOLOMON | |||||||||
| TRUSTEE THROUGH OCT 2014 | 1.00 | Yes (X) | $0 | $0 | $0 | ||||
| PATRICIA BERGESON | |||||||||
| VP OF LEGAL AFFAIRS & GENERAL COUNSEL | 40.00 | Yes (X) | $209,690 | $0 | $35,563 | ||||
| MICHELLE GATES | |||||||||
| VP OF BUSINESS AFFAIRS & CFO | 40.00 | Yes (X) | $113,900 | $0 | $3,686 | ||||
| STANLEY WEARDEN | |||||||||
| PROVOST | 40.00 | Yes (X) | $163,643 | $0 | $8,291 | ||||
| ALICIA BERG | |||||||||
| VP OF CAMPUS ENVIRONMENT | 40.00 | $207,335 | $0 | $37,582 | Yes (X) | ||||
| JOHN GREEN | |||||||||
| ASSOCIATE DEAN | 40.00 | $188,244 | $0 | $38,337 | Yes (X) | ||||
| MARK KELLY | |||||||||
| VP OF STUDENT AFFAIRS | 40.00 | $213,796 | $0 | $41,704 | Yes (X) | ||||
| ROBIN BARGAR | |||||||||
| DEAN SCHOOL OF MEDIA ARTS | 40.00 | $190,185 | $0 | $30,186 | Yes (X) | ||||
| DEBORAH HOLDSTEIN | |||||||||
| DEAN SCHOOL OF LIBERAL ARTS AND SCIENCES | 40.00 | $212,046 | $0 | $41,323 | Yes (X) | ||||
| WARREN K CHAPMAN | |||||||||
| SENIOR VICE PRESIDENT | 40.00 | $226,894 | $0 | $37,525 | Yes (X) | ||||
| BERNADETTE MCMAHON | |||||||||
| ASSOCIATE VICE PRESIDENT INFORMATION TECHNOLOGY | 40.00 | $196,087 | $0 | $34,359 | Yes (X) | ||||
| ELIZA NICHOLS | |||||||||
| DEAN SCHOOL OF FINE AND PERFORMING ARTS | 40.00 | $192,214 | $0 | $36,582 | Yes (X) | ||||
| JESSICA D MATCHETT | |||||||||
| CHIEF OF STAFF | 40.00 | $170,011 | $0 | $17,391 | Yes (X) | ||||
| CAROLINE LATTA | |||||||||
| PROFESSOR | 40.00 | $168,801 | $0 | $35,895 | Yes (X) | ||||
| RICHARD DOWSEK | |||||||||
| FORMER INTERIM VP BUSINESS AFFAIRS & CFO | 0.00 | $247,890 | $0 | $0 | Yes (X) | ||||
| WARRICK CARTER | |||||||||
| FORMER PRESIDENT AND CEO | 0.00 | $2,002,471 | $0 | $42,122 | Yes (X) | ||||
| ANNICE KELLY | |||||||||
| FORMER VP OF LEGAL AFFAIRS AND GENERAL COUNSEL | 0.00 | $117,000 | $0 | $0 | Yes (X) | ||||
| LOUISE LOVE | |||||||||
| FORMER INTERIM PROVOST | 0.00 | $136,735 | $0 | $16,093 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $5,357,430 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $632,711 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 117 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | Yes (true) | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| O'MALLEY CONSTRUCTION CO | |||||
| 55 WEST SEEGERS ROAD | ARLINGTON HEIGHTS | IL | 60005 | CONSTRUCTION | $3,785,193 |
| ALLIED BARTON SECURITY | |||||
| PO BOX 828854 | PHILADELPHIA | PA | 19812 | SECURITY SERVICES | $3,249,533 |
| FH PASCHEN SN NIELSEN & ASSOC LLC | |||||
| 5515 N EAST RIVER RD | CHICAGO | IL | 60656 | CONSTRUCTION | $2,776,767 |
| HARVARD MAINTENANCE INC | |||||
| 570 SEVENTH AVE | NEW YORK | NY | 10018 | MAINTENANCE | $2,493,547 |
| MARK 1 RESTORATION COMPANY | |||||
| 1021 Maryland Ave | Dolton | IL | 60419 | CONSTRUCTION | $1,051,379 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 70 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| Federated Campaigns | $0 | FederatedCampaignsAmt |
| Membership Dues | $0 | MembershipDuesAmt |
| Fundraising | $197,573 | FundraisingAmt |
| Related Organizations | $0 | RelatedOrganizationsAmt |
| Government Grants | $10,712,217 | GovernmentGrantsAmt |
| All Other Contributions | $3,239,660 | AllOtherContributionsAmt |
| Noncash Contributions | $681,573 | NoncashContributionsAmt |
| Total Contributions | $14,149,450 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611600 | $207,194,872 | $207,194,872 |
| RESIDENCE CENTERS | 611600 | $28,638,639 | $28,638,639 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $235,833,511 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,864,999 | TotalRevenueColumnAmt |
| Exclusion | $2,864,999 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $575 | TotalRevenueColumnAmt |
| Exclusion | $575 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $24,076 | TotalRevenueColumnAmt |
| Exclusion | $24,076 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $418,643 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $66,008 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $352,635 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $352,635 | TotalRevenueColumnAmt |
| Exclusion | $352,635 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $100,500,000 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $98,259,155 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,240,845 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,240,845 | TotalRevenueColumnAmt |
| Exclusion | $2,240,845 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $104,475 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $197,573 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $41,763 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $62,712 | TotalRevenueColumnAmt |
| Exclusion | $62,712 | 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 |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $606,265 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $564,756 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $41,510 | TotalRevenueColumnAmt |
| Exclusion | $41,510 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| PERFORMANCE FEES AND BOOK SALES | 611600 | $533,785 | $533,785 |
| SHERWOOD SCHOOL OF MUSIC LESSON REVENUE | 611600 | $718,764 | $718,764 |
| INCOME FROM AFFILIATED ORGANIZATION | 900099 | $828,138 | $828,138 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,159,940 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,035,079 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $124,861 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $3,240,627 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $258,810,940 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $238,949,277 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,712,213 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $316,213 | TotalAmt |
| Program Services | $316,213 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,748,756 | TotalAmt |
| Program Services | $37,748,756 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,194,079 | TotalAmt |
| Program Services | $728,820 | ProgramServicesAmt |
| Management And General | $3,465,259 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,927,032 | TotalAmt |
| Program Services | $81,514,615 | ProgramServicesAmt |
| Management And General | $13,491,793 | ManagementAndGeneralAmt |
| Fundraising | $920,624 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,431,158 | TotalAmt |
| Program Services | $6,104,247 | ProgramServicesAmt |
| Management And General | $1,258,581 | ManagementAndGeneralAmt |
| Fundraising | $68,330 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,982,618 | TotalAmt |
| Program Services | $10,664,435 | ProgramServicesAmt |
| Management And General | $2,198,806 | ManagementAndGeneralAmt |
| Fundraising | $119,377 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,008,479 | TotalAmt |
| Program Services | $5,757,041 | ProgramServicesAmt |
| Management And General | $1,186,994 | ManagementAndGeneralAmt |
| Fundraising | $64,444 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $440,252 | TotalAmt |
| Program Services | $430,492 | ProgramServicesAmt |
| Management And General | $2,975 | ManagementAndGeneralAmt |
| Fundraising | $6,785 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $259,602 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $259,602 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $229,346 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $229,346 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,000 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $3,000 | FundraisingAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,151 | TotalAmt |
| Fundraising | $2,151 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,372,463 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $1,372,463 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,208,444 | TotalAmt |
| Program Services | $7,034,579 | ProgramServicesAmt |
| Management And General | $4,078,515 | ManagementAndGeneralAmt |
| Fundraising | $95,350 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,764,568 | TotalAmt |
| Program Services | $1,204,078 | ProgramServicesAmt |
| Management And General | $555,939 | ManagementAndGeneralAmt |
| Fundraising | $4,551 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,644,100 | TotalAmt |
| Program Services | $5,744,475 | ProgramServicesAmt |
| Management And General | $821,963 | ManagementAndGeneralAmt |
| Fundraising | $77,662 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,108,470 | TotalAmt |
| Program Services | $3,570,420 | ProgramServicesAmt |
| Management And General | $4,458,006 | ManagementAndGeneralAmt |
| Fundraising | $80,044 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,299 | TotalAmt |
| Program Services | $30,705 | ProgramServicesAmt |
| Management And General | $5,594 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,953,928 | TotalAmt |
| Program Services | $30,033,963 | ProgramServicesAmt |
| Management And General | $3,812,391 | ManagementAndGeneralAmt |
| Fundraising | $107,574 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,336,461 | TotalAmt |
| Program Services | $2,168,450 | ProgramServicesAmt |
| Management And General | $122,141 | ManagementAndGeneralAmt |
| Fundraising | $45,870 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,564,316 | TotalAmt |
| Program Services | $1,731,358 | ProgramServicesAmt |
| Management And General | $764,691 | ManagementAndGeneralAmt |
| Fundraising | $68,267 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,474,028 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $3,474,028 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,093,126 | TotalAmt |
| Program Services | $11,576,650 | ProgramServicesAmt |
| Management And General | $2,386,888 | ManagementAndGeneralAmt |
| Fundraising | $129,588 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,004,628 | TotalAmt |
| Program Services | $16,855 | ProgramServicesAmt |
| Management And General | $987,773 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $253,103,517 | TotalAmt |
| Program Services | $206,376,152 | ProgramServicesAmt |
| Management And General | $44,933,748 | ManagementAndGeneralAmt |
| Fundraising | $1,793,617 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,397 | BOYAmt |
| EOY | $7,097 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,754,079 | BOYAmt |
| EOY | $11,766,936 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,616,266 | BOYAmt |
| EOY | $1,910,372 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,450,676 | BOYAmt |
| EOY | $2,513,260 | 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 |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $361,473 | BOYAmt |
| EOY | $416,474 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,491,757 | BOYAmt |
| EOY | $3,724,117 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $403,140,377 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $189,746,568 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $216,121,327 | BOYAmt |
| EOY | $213,393,809 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,092,050 | BOYAmt |
| EOY | $36,833,640 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $152,789,594 | BOYAmt |
| EOY | $149,441,967 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,155,780 | BOYAmt |
| EOY | $1,927,078 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $434,840,399 | BOYAmt |
| EOY | $421,934,750 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,056,562 | BOYAmt |
| EOY | $24,344,291 | 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 | $24,663,207 | BOYAmt |
| EOY | $20,304,186 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,517,989 | BOYAmt |
| EOY | $86,459,650 | 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 |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $874,265 | BOYAmt |
| EOY | $728,472 | 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 | $1,786,513 | BOYAmt |
| EOY | $40,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $142,898,536 | BOYAmt |
| EOY | $131,876,599 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $277,034,430 | BOYAmt |
| EOY | $275,476,639 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,426,734 | BOYAmt |
| EOY | $9,817,402 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,480,699 | BOYAmt |
| EOY | $4,764,110 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $291,941,863 | BOYAmt |
| EOY | $290,058,151 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $434,840,399 | BOYAmt |
| EOY | $421,934,750 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $5,707,423 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$6,476,102 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$1,115,033 | 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 | $9,997,270 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,806,259 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,740,957 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,933,050 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $14,149,450 | CurrentTaxYearAmt |
| Total | $56,626,986 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,997,270 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,806,259 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,740,957 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,933,050 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $14,149,450 | CurrentTaxYearAmt |
| Total | $56,626,986 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $0 | SubstantialContributorsTotAmt |
| Public Support Total170 | $56,626,986 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,367,453 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,049,067 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,933,401 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,289,894 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,308,293 | CurrentTaxYearAmt |
| Total | $13,948,108 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $468,117 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $318,695 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $323,417 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $247,620 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $270,846 | CurrentTaxYearAmt |
| Total | $1,628,695 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $72,203,789 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $1,224,605,480 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.7843 | PublicSupportCY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part II, Line 10 Other Income | FormAndLineReferenceDesc |
| Explanation | DESCRIPTION - INVENTORY INCOME, COLUMN A - 160332.0, COLUMN B - 94486.0, COLUMN C - 70006.0, COLUMN D - 10078.0, COLUMN E - 41510.0, COLUMN F - 376412.0; DESCRIPTION - FUNDRAISING INCOME, COLUMN A - 134296.0, COLUMN B - 68789.0, COLUMN C - 113475.0, COLUMN D - 102890.0, COLUMN E - 104475.0, COLUMN F - 523925.0; DESCRIPTION - OTHER, COLUMN A - 173489.0, COLUMN B - 155420.0, COLUMN C - 139936.0, COLUMN D - 134652.0, COLUMN E - 124861.0, COLUMN F - 728358.0; | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 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 | Yes (true) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $3,000 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | false | OtherActivitiesInd |
| Total Lobbying Expenditures | $3,000 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY | FormAndLineReferenceDesc |
| Explanation | FEES FOR STATE LOBBYING CONSULTING AND REPRESENTATION. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $319,550 | RevenuesIncludedAmt |
| Assets Included | $13,730,502 | AssetsIncludedAmt |
Held Works Art HeldWorksArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $0 | RevenuesIncludedAmt |
| Assets Included | $0 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | Yes (true) | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $140,721,915 | BeginningYearBalanceAmt |
| Contributions | $283,411 | ContributionsAmt |
| Investment Earnings Or Losses | -$3,195,291 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $106,023 | GrantsOrScholarshipsAmt |
| Other Expenditures | $6,062,823 | OtherExpendituresAmt |
| End Year Balance | $131,641,189 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $127,320,098 | BeginningYearBalanceAmt |
| Contributions | $0 | ContributionsAmt |
| Investment Earnings Or Losses | $17,159,519 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $50,775 | GrantsOrScholarshipsAmt |
| Other Expenditures | $3,706,927 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $140,721,915 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $112,333,798 | BeginningYearBalanceAmt |
| Contributions | $74,651 | ContributionsAmt |
| Investment Earnings Or Losses | $14,980,911 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $69,262 | GrantsOrScholarshipsAmt |
| End Year Balance | $127,320,098 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $106,553,385 | BeginningYearBalanceAmt |
| Contributions | $312,367 | ContributionsAmt |
| Investment Earnings Or Losses | $5,508,353 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $39,307 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,000 | OtherExpendituresAmt |
| End Year Balance | $112,333,798 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $96,413,103 | BeginningYearBalanceAmt |
| Contributions | $88,859 | ContributionsAmt |
| Investment Earnings Or Losses | $10,114,706 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $63,283 | GrantsOrScholarshipsAmt |
| End Year Balance | $106,553,385 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.9513 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.0362 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.0125 | 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 | $24,978,066 | OtherCostOrOtherBasisAmt |
| Book Value | $24,978,066 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $263,470,580 | OtherCostOrOtherBasisAmt |
| Depreciation | $109,349,449 | DepreciationAmt |
| Book Value | $154,121,131 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $82,041,017 | OtherCostOrOtherBasisAmt |
| Depreciation | $69,660,326 | DepreciationAmt |
| Book Value | $12,380,691 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $32,650,714 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,736,793 | DepreciationAmt |
| Book Value | $21,913,921 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $213,393,809 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Other Equity Investments | $90,299,027 | F |
| Alternative Investments | $59,142,940 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $149,441,967 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Deferred Compensation Payable | Desc |
| Amt | $40,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $40,000 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $215,183,902 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$6,476,102 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Recoveries Prior Year Grants | $0 | RecoveriesPriorYearGrantsAmt |
| Other Revenue | $0 | OtherRevenueAmt |
| Revenue Not Reported | -$6,476,102 | RevenueNotReportedAmt |
| Revenue Subtotal | $221,660,004 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $1,372,463 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $35,778,473 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $37,150,936 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $258,810,940 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $214,837,548 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $672,527 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $672,527 | ExpensesNotReportedAmt |
| Expenses Subtotal | $214,165,021 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $1,372,463 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $37,566,033 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $38,938,496 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $253,103,517 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part III, Line 4 Collections of art - description of collections | THE MUSEUM OF CONTEMPORARY PHOTOGRAPHY (MOCP) AIMS TO PROMOTE A GREATER UNDERSTANDING AND APPRECIATION OF THE ARTISTIC, CULTURAL AND POLITICAL IMPLICATION OF THE PHOTOGRAPHIC IMAGES IN OUR WORLD TODAY, AS WELL AS PRESERVE ARTIFACTS OF HISTORICAL AND CULTURAL SIGNIFICANCE. THE COLLEGE ALSO MAINTAINS COLLECTIONS OF FASHION DESIGNS, PAINTINGS, DRAWINGS, AND OTHER FORMS OF ARTISTIC EXPRESSION TO PRESERVE THESE PIECES FOR THEIR HISTORICAL SIGNIFICANCE AND TO USE FOR SCHOLARLY RESEARCH AND PEDANTIC PURPOSES. |
| Schedule D, Part V, Line 4 Intended uses of endowment funds | PROVIDE FUNDING FOR SCHOLARSHIPS AND EDUCATIONAL PROGRAMS OR OTHER APPROPRIATE PURPOSES PER DONOR RESTRICTIONS AND REQUIREMENTS. |
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | The College has received a determination letter from the Internal Revenue Service (IRS) indicating that it is a tax-exempt organization as provided in Section 501(c)(3) of the Internal Revenue Code of 1986 and, except for taxes pertaining to unrelated business income, is exempt from federal and state income taxes. No provision has been made for income taxes in the accompanying financial statements, as the College has had no significant unrelated business income. In accordance with U.S. Generally accepted accounting principles (GAAP), the College recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. Based upon this practice the College, as of August 31, 2015 and 2014, has not recorded a liability for unrecognized tax benefits. |
| Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements | SCHOLARSHIPS - 36451000 RENTAL EXPENSE - -66008 DIRECT FUND RAISING EXPENSE - -41763 COST OF GOODS SOLD - -564756 |
| Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 | RENTAL EXPENSE - 66008 FUND RAISING EXPENSE - 41763 COST OF GOODS SOLD - 564756 |
| Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements | SCHOLARSHIPS - 36451000 CHANGE IN PENSION COST - -5101235 LOSS ON EXTINGUISHMENT OF DEBT - 34234 NET PERIODIC PENSION COST: PLAN SETTLEMENT - 6182034 - |
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 |
|---|---|
| Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY | Included in all recruitment advertisements. |
| Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT | Columbia College receives support from the U.S. Department of Education, The Department of Health and Human Services and the Illinois Board of Higher Education. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (6 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | 0 | 0 | Program Services | SEMESTER STUDY ABROAD:ADMISSIONS, RECRUITING, BUSINESS TRAVEL ABROAD(INCLUDES TRAVEL TO SEMINARS AND CONFERENCES) | $294,364 |
| South Asia | 0 | 0 | Program Services | SEMESTER STUDY ABROAD:ADMISSIONS, RECRUITING, BUSINESS TRAVEL ABROAD (INCLUDES TRAVEL TO ATTEND SEMINARS AND CONFERENCES) | $62,229 |
| North America (Canada & Mexico only) | 0 | 0 | Program Services | SEMESTER STUDY ABROAD:ADMISSIONS, RECRUITING, BUSINESS TRAVEL ABROAD (INCLUDES TRAVEL TO ATTEND SEMINARS AND CONFERENCES) | $34,158 |
| East Asia and the Pacific | 0 | 0 | Program Services | SEMESTER STUDY ABROAD:ADMISSIONS, RECRUITING, BUSINESS TRAVEL(INCLUDES TRAVEL TO ATTEND SEMINARS AND CONFERENCES) | $33,019 |
| South America | 0 | 0 | Program Services | SEMESTER STUDY ABROAD:ADMISSIONS, RECRUITING, BUSINESS TRAVLE ABROAD(INCLUDES TRAVEL ABRAOD TO ATTEND SEMINARS AND CONFERENCES) | $1,022 |
| Sub-Saharan Africa | 0 | 0 | Program Services | SEMESTER STUDY ABROAD:ADMISSIONS, RECRUITING, BUSINESS TRAVLE ABROAD(INCLUDES TRAVEL ABRAOD TO ATTEND SEMINARS AND CONFERENCES) | $10,534 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $435,326 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $435,326 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | false | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)
| ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|
| CHARLES R FELDSTEIN AND COMPANY | ||||
| FUND RAISING CONSULTING | false | $0 | $12,500 | -$12,500 |
| BRYAN DOWLING | ||||
| DEVELOPMENT CONSULTANT | false | $0 | $6,000 | -$6,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $0 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $18,500 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$18,500 | TotalNetToOrganizationAmt |
| Licensed States | IL | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | MoCP Benefit (Darkroom) | Event1Nm |
| Gross Receipts Event1 | $294,973 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $197,573 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $97,400 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $0 | CashPrizesEvent1Amt |
| Non Cash Prizes Event1 | $0 | NonCashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $0 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $25,863 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $2,350 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $12,908 | OtherDirectExpensesEvent1Amt |
| Event2 | Photography Auction | Event2Nm |
| Gross Receipts Event2 | $7,075 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $0 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $7,075 | GrossRevenueEvent2Amt |
| Cash Prizes Event2 | $0 | CashPrizesEvent2Amt |
| Non Cash Prizes Event2 | $0 | NonCashPrizesEvent2Amt |
| Rent Facility Costs Event2 | $0 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $287 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $120 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $235 | OtherDirectExpensesEvent2Amt |
| Gross Revenue Other Events | $0 | GrossRevenueOtherEventsAmt |
| Gross Receipts Total | $302,048 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $197,573 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $104,475 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $0 | CashPrizesTotalEventsAmt |
| Non Cash Prizes Total Events | $0 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $0 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $26,150 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $2,470 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $13,143 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $41,763 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $62,712 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (6 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|---|
| Cinema Chicago | |||||||||
| 30 E Adams St | Suite 800 | Chicago | IL | 60603 | 362545170 | 501 C 3 | $150,000 | $0 | Support of Community |
| Art Expositions LLC | |||||||||
| 372 W Ontario St | Chicago | IL | 60654 | 300684317 | NA | $11,000 | $0 | Support of Community | |
| Arts Alliance Illinois | |||||||||
| 203 N Wabash Ave | Suite 1920 | Chicago | IL | 60601 | 363177592 | 501 C 3 | $10,000 | $0 | Support of Community |
| Chicago Loop Alliance | |||||||||
| 27 E Monroe | Chicago | IL | 60603 | 361818460 | 501 C 3 | $8,500 | $0 | Support of Community | |
| Near South Planning Board | |||||||||
| 2600 S Michigan | Chicago | IL | 60616 | 363083180 | 501 C 3 | $7,068 | $0 | Support of Community | |
| CITY CLUB OF CHICAGO | |||||||||
| 400 N Michigan Avenue Suite 805 | Chicago | IL | 60611 | 362017165 | 501 C 3 | $6,000 | $0 | Support of Community | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 5 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| INSTITUTIONAL SCHOLARSHIP | 4845 | $36,451,000 |
| TUITION WAIVERS | 120 | $1,297,756 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule I, Part I, Line 2 Description Of Procedure For Monitoring Use Of Grant Funds | THE COLLEGE'S OFFICE OF STUDENT FINANCIAL SERVICES DETERMINES A STUDENT'S FINANCIAL NEED, AN INTERNAL COMMITTEE ANALYZES THE NEEDS OF ALL STUDENTS, AND BASED ON THE COMMITTEE'S ANALYSIS AID IS AWARDED AS NEEDED AND POSTED TO THE STUDENT'S ACCOUNT. |
| Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. | THE COLLEGE'S OFFICE OF STUDENT FINANCIAL SERVICES DETERMINES A STUDENT'S FINANCIAL NEED, AN INTERNAL COMMITTEE ANALYZES THE NEEDS OF ALL STUDENTS, AND BASED ON THE COMMITTEE'S ANALYSIS AID IS AWARDED AS NEEDED AND POSTED TO THE STUDENT'S ACCOUNT. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | false | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | 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 | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (17 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KWANG-WU KIM | ||||||||||||||
| PRESIDENT AND CEO | $368,801 | $0 | $20,000 | $0 | $11,687 | $0 | $37,550 | $0 | $138,522 | $0 | $576,560 | $0 | $0 | $0 |
| PATRICIA BERGESON | ||||||||||||||
| VP OF LEGAL AFFAIRS & GENERAL COUNSEL | $206,234 | $0 | $0 | $0 | $3,456 | $0 | $21,108 | $0 | $14,455 | $0 | $245,253 | $0 | $0 | $0 |
| STANLEY WEARDEN | ||||||||||||||
| PROVOST | $161,915 | $0 | $0 | $0 | $1,728 | $0 | $0 | $0 | $8,291 | $0 | $171,934 | $0 | $0 | $0 |
| ALICIA BERG | ||||||||||||||
| VP OF CAMPUS ENVIRONMENT | $205,967 | $0 | $0 | $0 | $1,368 | $0 | $21,001 | $0 | $16,581 | $0 | $244,917 | $0 | $0 | $0 |
| JOHN GREEN | ||||||||||||||
| ASSOCIATE DEAN | $185,868 | $0 | $0 | $0 | $2,376 | $0 | $21,756 | $0 | $16,581 | $0 | $226,581 | $0 | $0 | $0 |
| MARK KELLY | ||||||||||||||
| VP OF STUDENT AFFAIRS | $210,820 | $0 | $0 | $0 | $2,976 | $0 | $25,123 | $0 | $16,581 | $0 | $255,500 | $0 | $0 | $0 |
| ROBIN BARGAR | ||||||||||||||
| DEAN SCHOOL OF MEDIA ARTS | $188,637 | $0 | $0 | $0 | $1,548 | $0 | $12,862 | $0 | $17,324 | $0 | $220,371 | $0 | $0 | $0 |
| DEBORAH HOLDSTEIN | ||||||||||||||
| DEAN SCHOOL OF LIBERAL ARTS AND SCIENCES | $208,590 | $0 | $0 | $0 | $3,456 | $0 | $24,742 | $0 | $16,581 | $0 | $253,369 | $0 | $0 | $0 |
| WARREN K CHAPMAN | ||||||||||||||
| SENIOR VICE PRESIDENT | $224,036 | $0 | $0 | $0 | $2,858 | $0 | $26,520 | $0 | $11,005 | $0 | $264,419 | $0 | $0 | $0 |
| BERNADETTE MCMAHON | ||||||||||||||
| ASSOCIATE VICE PRESIDENT INFORMATION TECHNOLOGY | $195,500 | $0 | $0 | $0 | $587 | $0 | $18,119 | $0 | $16,240 | $0 | $230,446 | $0 | $0 | $0 |
| ELIZA NICHOLS | ||||||||||||||
| DEAN SCHOOL OF FINE AND PERFORMING ARTS | $189,586 | $0 | $0 | $0 | $2,628 | $0 | $19,258 | $0 | $17,324 | $0 | $228,796 | $0 | $0 | $0 |
| JESSICA D MATCHETT | ||||||||||||||
| CHIEF OF STAFF | $169,687 | $0 | $0 | $0 | $324 | $0 | $0 | $0 | $17,391 | $0 | $187,402 | $0 | $0 | $0 |
| CAROLINE LATTA | ||||||||||||||
| PROFESSOR | $164,229 | $0 | $0 | $0 | $4,572 | $0 | $19,314 | $0 | $16,581 | $0 | $204,696 | $0 | $0 | $0 |
| RICHARD DOWSEK | ||||||||||||||
| FORMER INTERIM VP BUSINESS AFFAIRS & CFO | $0 | $0 | $0 | $0 | $247,890 | $0 | $0 | $0 | $0 | $0 | $247,890 | $0 | $0 | $0 |
| WARRICK CARTER | ||||||||||||||
| FORMER PRESIDENT AND CEO | $0 | $0 | $0 | $0 | $2,002,471 | $0 | $30,528 | $0 | $11,594 | $0 | $2,044,593 | $0 | $0 | $0 |
| ANNICE KELLY | ||||||||||||||
| FORMER VP OF LEGAL AFFAIRS AND GENERAL COUNSEL | $0 | $0 | $0 | $0 | $117,000 | $0 | $0 | $0 | $0 | $0 | $117,000 | $0 | $0 | $0 |
| LOUISE LOVE | ||||||||||||||
| FORMER INTERIM PROVOST | $0 | $0 | $0 | $0 | $136,735 | $0 | $16,093 | $0 | $0 | $0 | $152,828 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part II, Column (C) DEFERRED COMPENSATION FOR WARRICK CARTER | The aggregate amount ($2,002,471) paid to former President Warrick Carter in 2014 (following 13 years of service) consisted of: (1) $233,334 for 2014 salary; (2) $1,696,513 of after-tax deferred compensation (including tax gross-up) for service years 5 through 13 ($188,501 per year), as required by prior employment agreements; (3) $70,000 for future medical expenses (also contractual); and (4) $3,624 for life insurance benefits and prior salary deferral. |
| Schedule J, Part I, Line 1a Tax indemnification and gross-up payments | The President of the College received gross-up payments for car allowance which was treated as taxable compensation reported on his 2014 W-2. |
| Schedule J, Part I, Line 1a Housing allowance or residence for personal use | Personal use of housing is generally based on the provisions of the employee's services agreement with the College. The value of the housing provided is not taxable to the extent it is a condition of employment and necessary to carry on their duties. |
| Schedule J, Part I, Line 1a Health or social club dues or initiation fees | Social club dues or initiation fees are generally provided based on the provisions of the employee's services agreement with the College. The value of the dues or fees provided is not taxable to the extent it is a condition of employment and necessary to carry on their duties. |
| Schedule J, Part I, Line 1b Written policy regarding payment or reimbursement of expenses | Policies are in progress related to the areas of tax indemnification and housing allowances. Neither of these instances had occurred in past years, therefore, no written polices existed at fiscal year end. |
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 |
|---|---|---|---|---|---|---|---|---|
| Illinois Finance Authority | ||||||||
| A | 861091967 | 45200B8K7 | 2003-10-16 | $23,775,796 | Current refunding of 1993 and capital expenses, issue costs and debt service reserve | false | false | false |
| Illinois Educational Facilities Authority | ||||||||
| B | 521297563 | 4520017Z7 | 2004-09-07 | $5,704,947 | current refunding of 1992 issue | false | false | false |
| Illinois Finance Authority | ||||||||
| C | 861091967 | 45203HAY8 | 2011-05-25 | $13,623,675 | CURRENT REFUNDING OF 1998 ISSUE | false | false | false |
| Illinois Finance Authority | ||||||||
| D | 861091967 | 45200BEH8 | 2007-09-13 | $47,714,918 | CONSTRUCTION & RENOV. | 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 | $0 | $0 | $24,331,656 | $1,877,188 | $0 | $0 | $387,086 | $670,809 | $0 | $13,891,574 | $7,505,000 | $0 | 2005 | Yes (true) | false | Yes (true) | false |
| B | $0 | $0 | $5,913,382 | $592,893 | $0 | $0 | $114,098 | $126,145 | $0 | $0 | $5,080,246 | $0 | 2004 | Yes (true) | false | Yes (true) | false |
| C | $0 | $0 | $13,624,134 | $2,031,292 | $0 | $0 | $250,796 | $0 | $0 | $0 | $11,342,036 | $0 | 2011 | Yes (true) | false | Yes (true) | false |
| D | $0 | $0 | $48,907,504 | $2,423,525 | $0 | $0 | $608,007 | $931,000 | $0 | $44,944,996 | $0 | $0 | 2009 | false | false | Yes (true) | false |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | Yes (true) | Yes (true) | false | 0.0 | 0.0 | 0.0 | false | false | false |
| B | false | false | Yes (true) | Yes (true) | false | 0.0 | 0.0 | 0.0 | false | false | false |
| C | false | false | Yes (true) | Yes (true) | false | 0.0 | 0.0 | 0.0 | false | false | false |
| D | false | false | Yes (true) | Yes (true) | false | 0.0 | 0.0 | 0.0 | false | false | false |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|
| A | false | Yes (true) | false | false | false | false | false |
| B | false | Yes (true) | false | false | false | false | false |
| C | false | Yes (true) | false | false | false | false | false |
| D | false | Yes (true) | false | false | false | false | false |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | false |
| B | false |
| C | false |
| D | false |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule K, Part II Total Proceeds of Issue | The difference between the issue price of the bonds and the total proceeds of the issue listed is due to interest earned on proceeds invested while being held for its specific purpose. |
| Schedule K, Part III, Line 9 Private Business Use | The organization is in the process of adopting written procedures to ensure all nonqualified bonds (if any) of the issue are remediated in accordance with the associated regulations. The organization strives to stay abreast of federal regulations and considers the repercussions of all significant activities which could foreseeably have an impact on the organization's tax exempt bonds and the associated federal tax regulations. |
| Schedule K, Part IV, Line 7 Arbitrage | The organization is in the process of adopting written procedures to monitor the organization's ability to remain in compliance with the arbitrage requirements under Section 148 of the Internal Revenue Code. The organization strives to stay abreast of federal regulations and considers the repercussions of all significant activities which could foreseeably have an impact on the organization's tax exempt bonds and the associated federal tax regulations. |
| Schedule K, Part V Procedures To Undertake Corrective Action | The organization is in the process of adopting written procedures which dictate how management timely identifies and corrects violations of federal tax requirements using the voluntary closing agreement program provided by the IRS when self-remediation is not available to the organization. The organization strives to stay abreast of federal regulations and considers the repercussions of all significant activities which could foreseeably have an impact on the organization's tax exempt bonds and the associated federal tax regulations. In the event a violation is identified the organization's policy is to correct the violation as soon as possible, while working with the federal authorities as necessary to ensure that sufficient controls are present which will guard against future violations. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Illinois Finance Authority | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 891091967 | BondIssuerEIN |
| Bond Issued | 2013-10-30 | BondIssuedDt |
| Issue Price | $7,850,000 | IssuePriceAmt |
| Purpose | PARTIAL REFUNDING OF 2003 ISSUE | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $7,695,000 | RetiredAmt |
| Bond Defeased | $0 | BondDefeasedAmt |
| Total Proceeds | $7,850,000 | TotalProceedsAmt |
| In Reserve Fund | $0 | InReserveFundAmt |
| Capitalized Interest | $0 | CapitalizedInterestAmt |
| Refunding Escrow | $0 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $155,000 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $0 | CreditEnhancementAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $0 | CapitalExpendituresAmt |
| Other Spent Proceeds | $0 | OtherSpentProceedsAmt |
| Unspent | $0 | UnspentAmt |
| Substantial Completion | 2013 | SubstantialCompletionYr |
| Current Refunding | Yes (true) | CurrentRefundingInd |
| Advance Refunding | false | AdvanceRefundingInd |
| Final Allocation Made | Yes (true) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | Yes (true) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | Yes (true) | EngageBondCounselContractsInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.0 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.0 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.0 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | false | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| No Rebate Due | Yes (true) | NoRebateDueInd |
| Variable Rate Issue | false | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | false | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | false | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE PART V | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship With Org | SEE PART V | RelationshipWithOrgTxt |
| Cash Grant | $1,297,756 | CashGrantAmt |
| Type Of Assistance | TUITION REMISSIONS TO EMPLOYEES AND/OR DEPENDENTS | TypeOfAssistanceTxt |
| Assistance Purpose | STUDENT FINANCIAL ASSISTANCE | AssistancePurposeTxt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule L, Part III GRANTS OR ASSISTANCE BENEFITING INTERESTED PERSONS | FormAndLineReferenceDesc |
| Explanation | AS PER IRS INSTRUCTIONS FOR 990 SCHEDULE L, SCHOOLS ARE NOT REQUIRED TO IDENTIFY INTERESTED PERSONS TO WHOM THEY PROVIDED SCHOLARSHIPS, FELLOWSHIPS, AND SIMILAR FINANCIAL ASSISTANCE. COLUMNS (A) AND (B) SHOULD BE LEFT BLANK FOR THESE LINES. | ExplanationTxt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 20 | ContributionCnt |
| Noncash Contributions Rpt F990 | $319,550 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Other | MethodOfDeterminingRevenuesTxt |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $5,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 6 | ContributionCnt |
| Noncash Contributions Rpt F990 | $37,917 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Collectibles CollectiblesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 50 | ContributionCnt |
| Noncash Contributions Rpt F990 | $78,150 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | SCHOOL FURNISHINGS | 2 | $204,458 | Market value |
| Yes (X) | OTHER | 117 | $36,498 | Market value |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 5 | Form8283ReceivedCnt |
| 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 | Schedule M, Part I Explanations of reporting method for number of contributions | FormAndLineReferenceDesc |
| Explanation | Art - Works of art: ART - WORKS OF ART: FOR ARTWORK WE ARE COUNTING THE NUMBER OF ITEMS OF ARTWORK RECEIVED. Books and publications: BOOKS AND PUBLICATIONS: NUMBER OF CONTRIBUTIONS Collectibles: COLLECTIBLES: FOR THE COLLECTIBLE THE NUMBER OF DONORS. Other: OTHER: NUMBER OF CONTRIBUTIONS Other: OTHER: NUMBER OF ITEMS RECEIVED Securities - Publicly traded: SECURITIES - PUBLICLY TRADED: NUMBER OF CONTRIBUTIONS | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 11b Review of form 990 by governing body | INTERNAL MANAGEMENT WILL REVIEW THE FORM 990 WITH THE PAID TAX PREPARER. THE 990 WILL THEN BE SUBMITTED TO THE ORGANIZATION'S GENERAL COUNSEL FOR REVIEW. THE FORM IS SUBMITTED TO THE AUDIT COMMITTEE FOR REVIEW AS WELL AS THE BOARD OF TRUSTEES FOR REVIEW AND COMMENTS BEFORE IT IS FILED WITH THE IRS. THE BOARD WILL BE GIVEN A DEADLINE TO SUBMIT QUESTIONS AND COMMENTS. |
| Form 990, Part VI, Line 12c Conflict of interest policy | PER POLICY, DIRECTORS, OFFICERS AND TRUSTEES MUST COMPLETE AN ANNUAL FORM DISCLOSING CONFLICTS AND ACKNOWLEDGE THEIR RESPONSIBILITY FOR DISCLOSING POTENTIAL FUTURE CONFLICTS. DISCLOSURES ARE ALSO SUBMITTED BY STAFF. DURING THE YEAR, THE BOARD OF TRUSTEES COMPLETED AND SUBMITTED CONFLICT OF INTEREST FORMS. REPORTED CONFLICTS ARE SUBMITTED TO THE AUDIT COMMITTEE FOR EVALUATION. CONFLICTED BOARD MEMBERS ARE PROHIBITED FROM VOTING ON AND PARTICIPATING IN DISCUSSION OF CONFLICTED TRANSACTIONS. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | THE CHAIR OF THE BOARD OF TRUSTEES, USING VARIOUS DATA SOURCES INCLUDING COMPARATIVE DATA, CREATES AN EMPLOYMENT CONTRACT FOR THE PRESIDENT. THE FINAL CONTRACT IS PRESENTED TO THE COLLEGE'S EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES FOR APPROVAL WHICH IS DOCUMENTED IN THE MINUTES. THIS PROCESS WAS LAST UNDERTAKEN IN 2013. |
| Form 990, Part VI, Line 19 Required documents available to the public | AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. |
| Form 990, Part VIII, Line 11d Other Miscellaneous Revenue | OTHER - Total Revenue: 252293, Related or Exempt Function Revenue: 127432, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 124861; Course Materials/ Bookstore - Total Revenue: 268734, Related or Exempt Function Revenue: 268734, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Indirect Cost Recovery - Total Revenue: 199374, Related or Exempt Function Revenue: 199374, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Contracted services provided - Total Revenue: 439539, Related or Exempt Function Revenue: 439539, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | CHANGE IN PENSION - 5101235; LOSS ON EXTINGUISHMENT OF DEBT - -34234; NET PERIODIC PENSION COST - -6182034; |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EDUCATIONAL ADVANCEMENT FUND INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 525 S STATE STREET | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60605 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 364480416 | EIN |
| Primary Activities | UNIVERSITY HOUSING | PrimaryActivitiesTxt |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3 | ExemptCodeSectionTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (true) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |