CARLETON COLLEGE: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- CARLETON COLLEGE (EIN 41-0694747)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-05-06
- IRS object ID
- 201531319349302678
- Schema version
- 2013v4.0
- 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 I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-05-06T09:27:18-07:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410694747 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARLETON COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CARL | BusinessNameControlTxt |
| Phone | 5072224000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One North College Street | AddressLine1 |
| City | Northfield | City |
| State | MN | State |
| ZIP Code | 55057 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Frederick A Rogers | PersonNm |
| Person Title | Vice President and Treasurer | PersonTitleTxt |
| Phone | 5072224171 | PhoneNum |
| Signature | 2015-04-06 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Frederick A Rogers | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One North College Street | AddressLine1 |
| City | Northfield | City |
| State | MN | State |
| ZIP Code | 55057 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $189,167,986 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.carleton.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1866 | FormationYr |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Activity Or Mission | Carleton College is a small, private liberal arts college, located in Northfield, Minnesota, best known for its academic excellence and warm, welcoming campus community. Carleton offers 37 majors and 15 concentrations in the arts, humanities, natural sciences and social sciences. | ActivityOrMissionDesc |
| Voting Members Governing Body | 37 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 36 | VotingMembersIndependentCnt |
| Total Employee | 3009 | TotalEmployeeCnt |
| Total Volunteers | 4741 | TotalVolunteersCnt |
| Total Gross UBI | $241,854 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $24,900,207 | PYContributionsGrantsAmt |
| CY Contributions Grants | $27,893,301 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $108,687,657 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $113,314,370 | CYProgramServiceRevenueAmt |
| PY Investment Income | $42,847,854 | PYInvestmentIncomeAmt |
| CY Investment Income | $59,319,240 | CYInvestmentIncomeAmt |
| PY Other Revenue | $4,092,635 | PYOtherRevenueAmt |
| CY Other Revenue | $4,377,498 | CYOtherRevenueAmt |
| PY Total Revenue | $180,528,353 | PYTotalRevenueAmt |
| CY Total Revenue | $204,904,409 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $32,333,766 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $33,983,589 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $69,789,417 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $71,715,351 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $4,451,409 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $56,521,118 | PYOtherExpensesAmt |
| CY Other Expenses | $58,559,637 | CYOtherExpensesAmt |
| PY Total Expenses | $158,644,301 | PYTotalExpensesAmt |
| CY Total Expenses | $164,258,577 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $21,884,052 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $40,645,832 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,055,244,227 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,159,336,985 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $143,494,564 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $139,363,288 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $911,749,663 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,019,973,697 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Carleton College's mission is to provide an exceptional undergraduate liberal arts education. The College is devoted to academic excellence, distinguished by the creative interplay of teaching, learning, and scholarship and is dedicated to a diverse residential community and extensive international engagements. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $91,124,944 | ExpenseAmt |
| Grant | $33,983,589 | GrantAmt |
| Revenue | $93,220,041 | RevenueAmt |
| Desc | Instruction - Carleton College exists to provide a high quality liberal arts education for young women and men, preparing them for leadership in their communities, countries and the world. (1994 students). A Student-Faculty Ratio of 9:1 supports them with classroom, laboratory, off-campus study and research opportunities. Average class size is 18. 75.5% of the graduating class of 2014 participated in a study abroad program during their Carleton experience. Student Financial Aid Programs - Carleton meets 100% of the financial need of all admitted students to ensure affordability and accessibility; achieve cultural, racial, ethnic and socioeconomic diversity; and to fund the school's growing commitment to globalization (1671 students) | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $19,050,076 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $20,094,329 | RevenueAmt |
| Desc | Auxiliary Enterprises - Carleton College maintains a rural residential campus to enhance the educational experience of the student body with room and board programs designed to encourage a spirit of collegiality and conversation beyond the classroom and laboratory (1802 students) | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $15,112,091 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | Student Services Programs: Programs designed to support the Carleton College student life experience including co-curricular and recreational opportunities (1994 students) | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $15,517,134 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | Academic Support programs enhance the Carleton liberal arts experience with library and information technology resources. (1994 Students) | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $15,517,134 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $140,804,245 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 491 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 3009 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | AS | ForeignCountryCd |
| Foreign Country | AU | ForeignCountryCd |
| Foreign Country | EI | ForeignCountryCd |
| Foreign Country | FR | ForeignCountryCd |
| Foreign Country | HK | ForeignCountryCd |
| Foreign Country | JA | ForeignCountryCd |
| Foreign Country | NL | ForeignCountryCd |
| Foreign Country | NZ | ForeignCountryCd |
| Foreign Country | SF | ForeignCountryCd |
| Foreign Country | SN | ForeignCountryCd |
| Foreign Country | SP | ForeignCountryCd |
| Foreign Country | SW | ForeignCountryCd |
| Foreign Country | SZ | ForeignCountryCd |
| Foreign Country | UK | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | Yes (1) | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | Yes (1) | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | 1 | Form8899Filedind |
| Form1098 C Filed | Yes (1) | Form1098CFiledInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 37 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 36 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Frederick A Rogers | PersonNm |
| Phone | 5072224000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One North College Street | AddressLine1 |
| City | Northfield | City |
| State | MN | State |
| ZIP Code | 55057 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (49 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Nina M Archabal | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Danielle S Bart | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Alan R Bauer | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Beth Boosalis Davis | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Bill Craine | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| David M Diamond | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Arnold W Donald | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Jack W Eugster | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Maureen G Gupta | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| John F Harris | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Elise M Holschuh | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| James E Johnson | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Martha H Kaemmer | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Leslie B Kautz | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Arthur D Kowaloff | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Richard B Kracum | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Marilyn M McCoy | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| William R McLaughlin | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Bonnie J Melville | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Marc Noel | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Brad Nordholm | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Gary T O'Brien | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Catherine J Pagila | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Pamela Kiecker Royall | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Jack W Schuler | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Margaret C Simms | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| David B Smith | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Gary L Sundem | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Caesar F Sweitzer | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Alan C Thiel | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| R Kirk Weidner | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Wallace R Weitz | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Justin B Wender | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Bonnie M Wheaton | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Michael L Wiebolt | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Mark R Williams | ||||||||||
| Trustee | 5.00 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Steven G Poskanzer | ||||||||||
| President | 60 | 0 | $408,202 | $0 | $102,446 | Yes (X) | ||||
| Frederick A Rogers | ||||||||||
| Vice President and Treasurer | 50 | 0 | $291,063 | $0 | $40,949 | Yes (X) | ||||
| Gayle McJunkin | ||||||||||
| Interim VP for External Relations | 50 | 0 | $176,807 | $0 | $26,608 | Yes (X) | ||||
| Joe A Hargis II | ||||||||||
| Interim VP for External Relations | 40 | 0 | $161,594 | $0 | $54,523 | Yes (X) | ||||
| Beverly Nagel | ||||||||||
| Dean of the College | 50 | 0 | $238,468 | $0 | $30,967 | Yes (X) | ||||
| M H Wagner | ||||||||||
| VP Student Development and Dean of Students | 40 | 0 | $186,027 | $0 | $25,840 | Yes (X) | ||||
| Paul Thiboutot | ||||||||||
| VP and Dean of Admission/Financial Aid | 40 | 0 | $178,173 | $0 | $32,328 | Yes (X) | ||||
| Jason Matz | ||||||||||
| Director of Investments | 40 | 0 | $340,490 | $0 | $26,825 | Yes (X) | ||||
| Andrew Christensen | ||||||||||
| Director of Private Markets | 40 | 0 | $208,529 | $0 | $47,239 | Yes (X) | ||||
| Louis E Newman | ||||||||||
| Associate Dean of the College | 40 | 0 | $192,802 | $0 | $35,883 | Yes (X) | ||||
| Susan Singer | ||||||||||
| Professor of Natural Sciences | 40 | 0 | $177,983 | $0 | $43,300 | Yes (X) | ||||
| Joel Weisberg | ||||||||||
| Professor of Physics and Astronomy | 40 | 0 | $173,167 | $0 | $36,533 | Yes (X) | ||||
| Donald A Hasseltine | ||||||||||
| Secretary/VP for External Relations | 50 | 0 | $163,872 | $0 | $40,990 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,897,177 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $544,431 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 110 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| PCL Construction Services | |||||
| 12200 Nicollet Ave S | Burnsville | MN | 55337 | Engineering and project management | $3,033,589 |
| Bon Appetit | |||||
| 100 Hamilton Avenue Suite 400 | Palo Alto | CA | 94301 | Food Service | $8,714,010 |
| River City Builders | |||||
| PO Box 7 | Nerstrand | MN | 55053 | Construction contractor | $1,713,994 |
| Terra General Contractors LLC | |||||
| 21025 Commerce Blvd | Rogers | MN | 55374 | General contractor | $895,896 |
| Mint Roofing Inc | |||||
| 2285 Daniels Street | Long Lake | MN | 55356 | Roofing Contractor | $757,921 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 36 | CntrctRcvdGreaterThan100KCnt |
| Federated Campaigns | $0 | FederatedCampaignsAmt |
| Membership Dues | $0 | MembershipDuesAmt |
| Fundraising | $0 | FundraisingAmt |
| Related Organizations | $0 | RelatedOrganizationsAmt |
| Government Grants | $4,036,175 | GovernmentGrantsAmt |
| All Other Contributions | $23,857,126 | AllOtherContributionsAmt |
| Noncash Contributions | $10,795,350 | NoncashContributionsAmt |
| Total Contributions | $27,893,301 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Comprehensive fee | Desc |
| Business | 611310 | BusinessCd |
| Total Revenue Column | $113,314,370 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $113,314,370 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
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 | $113,314,370 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,188,554 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,188,554 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| 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 |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $147,378 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $147,378 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $266,258 | RealAmt |
| Personal | $0 | PersonalAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $785,332 | RealAmt |
| Personal | $0 | PersonalAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$519,074 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$519,074 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $6,956 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$526,030 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $37,814,601 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$17,316,085 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $55,130,686 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $55,130,686 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $55,130,686 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $0 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | 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 |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $1,379,555 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $794,330 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $585,225 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $585,225 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| Summer Academic Programs | 611310 | $1,430,808 | $1,430,808 | $0 | $0 |
| Wind Turbine | 221000 | $234,898 | $0 | $234,898 | $0 |
| Other Auxiliary Enterprises | 900003 | $280,533 | $280,533 | $0 | $0 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,217,730 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,217,730 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $4,163,969 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $204,904,409 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $117,828,666 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $241,854 | UnrelatedBusinessRevenueAmt |
| Exclusion | $58,940,588 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,983,589 | TotalAmt |
| Program Services | $33,983,589 | 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 | $1,626,023 | TotalAmt |
| Program Services | $367,137 | ProgramServicesAmt |
| Management And General | $945,679 | ManagementAndGeneralAmt |
| Fundraising | $313,207 | 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 | $52,378,429 | TotalAmt |
| Program Services | $44,650,759 | ProgramServicesAmt |
| Management And General | $5,274,095 | ManagementAndGeneralAmt |
| Fundraising | $2,453,575 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,777,732 | TotalAmt |
| Program Services | $3,964,295 | ProgramServicesAmt |
| Management And General | $539,711 | ManagementAndGeneralAmt |
| Fundraising | $273,726 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,286,204 | TotalAmt |
| Program Services | $7,938,688 | ProgramServicesAmt |
| Management And General | $909,687 | ManagementAndGeneralAmt |
| Fundraising | $437,829 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,646,963 | TotalAmt |
| Program Services | $3,062,970 | ProgramServicesAmt |
| Management And General | $391,110 | ManagementAndGeneralAmt |
| Fundraising | $192,883 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,904,307 | TotalAmt |
| Program Services | $1,266,310 | ProgramServicesAmt |
| Management And General | $541,298 | ManagementAndGeneralAmt |
| Fundraising | $96,699 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,307 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $42,307 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $93,906 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $93,906 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,501,523 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $5,501,523 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $912,885 | TotalAmt |
| Program Services | $912,885 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,620 | TotalAmt |
| Program Services | $8,394 | ProgramServicesAmt |
| Management And General | $64,237 | ManagementAndGeneralAmt |
| Fundraising | $2,989 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,782,968 | TotalAmt |
| Program Services | $3,542,169 | ProgramServicesAmt |
| Management And General | $978,630 | ManagementAndGeneralAmt |
| Fundraising | $262,169 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,121,443 | TotalAmt |
| Program Services | $1,821,154 | ProgramServicesAmt |
| Management And General | $300,289 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,073,121 | TotalAmt |
| Program Services | $5,905,983 | ProgramServicesAmt |
| Management And General | $166,077 | ManagementAndGeneralAmt |
| Fundraising | $1,061 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,489,397 | TotalAmt |
| Program Services | $6,007,238 | ProgramServicesAmt |
| Management And General | $234,110 | ManagementAndGeneralAmt |
| Fundraising | $248,049 | 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 | $454,691 | TotalAmt |
| Program Services | $373,891 | ProgramServicesAmt |
| Management And General | $50,554 | ManagementAndGeneralAmt |
| Fundraising | $30,246 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,212,953 | TotalAmt |
| Program Services | $3,168,138 | ProgramServicesAmt |
| Management And General | $44,815 | ManagementAndGeneralAmt |
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 | $10,614,735 | TotalAmt |
| Program Services | $10,287,499 | ProgramServicesAmt |
| Management And General | $327,236 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $820,572 | TotalAmt |
| Program Services | $485,738 | ProgramServicesAmt |
| Management And General | $334,834 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Food Service | $6,917,796 | $6,917,796 | $0 | $0 |
| Off Campus Studies | $5,274,600 | $5,274,600 | $0 | $0 |
| Faculty and Staff Recruitment | $428,158 | $0 | $428,158 | $0 |
| Membership fess | $350,121 | $0 | $350,121 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,488,534 | TotalAmt |
| Program Services | $865,012 | ProgramServicesAmt |
| Management And General | $1,484,546 | ManagementAndGeneralAmt |
| Fundraising | $138,976 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $164,258,577 | TotalAmt |
| Program Services | $140,804,245 | ProgramServicesAmt |
| Management And General | $19,002,923 | ManagementAndGeneralAmt |
| Fundraising | $4,451,409 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,670,896 | BOYAmt |
| EOY | $67,752,999 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,660,764 | BOYAmt |
| EOY | $5,023,195 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,935,307 | BOYAmt |
| EOY | $1,864,147 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,649,564 | BOYAmt |
| EOY | $7,835,348 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $878,273 | BOYAmt |
| EOY | $752,406 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,007,258 | BOYAmt |
| EOY | $2,580,666 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $344,665,054 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $152,324,680 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $193,607,090 | BOYAmt |
| EOY | $192,340,374 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $292,884,061 | BOYAmt |
| EOY | $320,692,767 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $488,172,722 | BOYAmt |
| EOY | $548,569,143 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,778,292 | BOYAmt |
| EOY | $11,925,940 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,055,244,227 | BOYAmt |
| EOY | $1,159,336,985 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,613,030 | BOYAmt |
| EOY | $10,968,514 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,337,411 | BOYAmt |
| EOY | $5,234,797 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,782,756 | BOYAmt |
| EOY | $4,060,330 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $94,507,979 | BOYAmt |
| EOY | $90,806,138 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,253,388 | BOYAmt |
| EOY | $28,293,509 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $143,494,564 | BOYAmt |
| EOY | $139,363,288 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $378,463,201 | BOYAmt |
| EOY | $433,621,542 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $344,875,064 | BOYAmt |
| EOY | $388,637,000 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $188,411,398 | BOYAmt |
| EOY | $197,715,155 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $911,749,663 | BOYAmt |
| EOY | $1,019,973,697 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,055,244,227 | BOYAmt |
| EOY | $1,159,336,985 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $40,645,832 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $63,121,777 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Investment Expense | $5,501,523 | InvestmentExpenseAmt |
| Prior Period Adjustments | $0 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | -$1,045,098 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
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 | Yes (1) | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | Yes (1) | MailingsMembersInd |
| Mailings Members | $0 | MailingsMembersAmt |
| Publications Or Broadcast | Yes (1) | PublicationsOrBroadcastInd |
| Publications Or Broadcast | $0 | PublicationsOrBroadcastAmt |
| Grants Other Organizations | Yes (1) | GrantsOtherOrganizationsInd |
| Grants Other Organizations | $91,505 | GrantsOtherOrganizationsAmt |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $0 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | Yes (1) | RalliesDemonstrationsInd |
| Rallies Demonstrations | $350 | RalliesDemonstrationsAmt |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $91,855 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule C, Part II-B, Line 1 | FormAndLineReferenceDesc |
| Explanation | College Relations occasionally contact legislators to express the College's views on pending legislation which would affect the College. Costs incurred in connection with these activities are insignificant and no separate account is made for these costs. In addition, students participate in a volunteer activity sponsored by the Minnesota Private Council (MPCC) called "Day at the Capital" to discuss the importance of the State Grant Program with representatives. Costs incurred by the College to support this program are De minimus. Carleton College is a member of Minnesota Private College Council (MPCC), an organization described in section 501(c)(4) of the Internal Revenue Code. MPCC is an association of private nonprofit institutions of higher education that serves a variety of its members' shared needs, included, but not only, nonpartisan and non-electoral advocacy for public policy that meets students' needs and advances the interest of private higher education. Carleton College paid member dues to MPCC in the amount of $127,890 during the taxable year. MPCC has divided its expenses for its taxable year ending June 30, 2014 into two groups. Group 1 consists of those expenses that did not in any way support attempts to influence legislation within the meaning of section 501(c)(3) of the Internal Revenue Code ('lobbying"), and Group 2 consists of all other expenses. Group 2 includes many expenses such as personnel costs that support both lobbying and nonlobbying activities. MPCC did not attempt to allocate the Group 2 expenses between lobbying and nonlobbying activities. MPCC has determined that the amount of the Group 2 expenses represents 71.55% of the amount of dues that MPCC collected in the same taxable year. Assuming that all Group 2 expenses were paid from member dues, and allocating those expenses pro rata based on the dues paid by each member, $91,505 of Carleton College's dues were used to pay Group 2 expenses. The amount of lobbying expenses paid from Carleton College's dues was significantly less than that amount. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $79,000 | RevenuesIncludedAmt |
| Assets Included | $79,000 | 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 | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $704,714,660 | BeginningYearBalanceAmt |
| Contributions | $13,311,856 | ContributionsAmt |
| Investment Earnings Or Losses | $116,344,123 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $7,949,318 | GrantsOrScholarshipsAmt |
| Other Expenditures | $25,719,295 | OtherExpendituresAmt |
| Administrative Expenses | $6,393,849 | AdministrativeExpensesAmt |
| End Year Balance | $794,308,177 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $651,655,398 | BeginningYearBalanceAmt |
| Contributions | $11,900,109 | ContributionsAmt |
| Investment Earnings Or Losses | $78,960,412 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $7,611,873 | GrantsOrScholarshipsAmt |
| Other Expenditures | $25,229,420 | OtherExpendituresAmt |
| Administrative Expenses | $4,959,966 | AdministrativeExpensesAmt |
| End Year Balance | $704,714,660 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $666,402,763 | BeginningYearBalanceAmt |
| Contributions | $2,774,503 | ContributionsAmt |
| Investment Earnings Or Losses | $17,724,826 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $7,387,060 | GrantsOrScholarshipsAmt |
| Other Expenditures | $24,422,145 | OtherExpendituresAmt |
| Administrative Expenses | $3,437,489 | AdministrativeExpensesAmt |
| End Year Balance | $651,655,398 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $582,570,193 | BeginningYearBalanceAmt |
| Contributions | $9,469,250 | ContributionsAmt |
| Investment Earnings Or Losses | $109,737,985 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $7,355,446 | GrantsOrScholarshipsAmt |
| Other Expenditures | $24,886,524 | OtherExpendituresAmt |
| Administrative Expenses | $3,132,695 | AdministrativeExpensesAmt |
| End Year Balance | $666,402,763 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $540,722,300 | BeginningYearBalanceAmt |
| Contributions | $17,555,876 | ContributionsAmt |
| Investment Earnings Or Losses | $58,848,146 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $7,240,689 | GrantsOrScholarshipsAmt |
| Other Expenditures | $24,872,470 | OtherExpendituresAmt |
| Administrative Expenses | $2,442,970 | AdministrativeExpensesAmt |
| End Year Balance | $582,570,193 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.34 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.43 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.23 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $4,443,849 | OtherCostOrOtherBasisAmt |
| Book Value | $4,443,849 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $253,524,489 | OtherCostOrOtherBasisAmt |
| Depreciation | $82,189,472 | DepreciationAmt |
| Book Value | $171,335,017 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $85,531,845 | OtherCostOrOtherBasisAmt |
| Depreciation | $70,135,208 | DepreciationAmt |
| Book Value | $15,396,637 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $1,164,871 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $1,164,871 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $192,340,374 | TotalBookValueLandBuildingsAmt |
Financial Derivatives FinancialDerivativesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $0 | BookValueAmt |
Closely Held Equity Interests CloselyHeldEquityInterestsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $0 | BookValueAmt |
Other Securities OtherSecuritiesGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Private Equity | $135,909,683 | F |
| Hedge Funds | $263,484,620 | F |
| Real Assets | $90,089,738 | F |
| Planned Gift Agreements and Other | $59,085,102 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $548,569,143 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Annuities Payable | $24,063,062 |
| Asset Retirement Obligation | $2,628,955 |
| Fair Value of Interest Rate SWAP | $1,601,492 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $28,293,509 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $232,997,499 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $63,121,777 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Recoveries Prior Year Grants | $0 | RecoveriesPriorYearGrantsAmt |
| Other Revenue | -$33,983,589 | OtherRevenueAmt |
| Revenue Not Reported | $29,138,188 | RevenueNotReportedAmt |
| Revenue Subtotal | $203,859,311 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $0 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $1,045,098 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,045,098 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $204,904,409 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $124,773,465 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $0 | DonatedServicesUseFcltsAmt |
| Prior Year Adjustments | $0 | PriorYearAdjustmentsAmt |
| Losses Reported | $0 | LossesReportedAmt |
| Other Expenses Included | $0 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $124,773,465 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $5,501,523 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $33,983,589 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $39,485,112 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $164,258,577 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part III, Line 4 | Carleton's Art Collection is for student research and study including College archives of institutionally significant treasures and Library collections. |
| Schedule D, Part V, Line 4 | Endowment funds are to support grants to students and the program services of the College. |
| Schedule D, Part X, Line 2 | The College qualifies as a tax-exempt nonprofit organization under Section 501(c)(3) of the Internal Revenue Code and similar statutes of Minnesota law. The College is subject to federal income tax only on net unrelated business income under the provisions of Section 501(c)(3) of the Internal Revenue Code. The College has evaluated its tax positions and determined it has no uncertain tax positions and has recorded no obligation for unrelated business income tax. No provisions for federal or state income taxes are required as of June 30, 2014. The College's 2010 through 2013 tax years are open for examination by federal and state taxing authorities. |
| Schedule D, Part XI, Line 2d | Scholarships |
| Schedule D, Part XI, Line 4b | Net Change in Annuity & Life Income Funds $(3,074,981); Unrealized Gain on Interest Rate Swap $450,221; Rental Expenses $785,332; Bookstore COGS $794,330 |
| Schedule D, Part XII, Line 4b | Scholarships |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 | The College uses paper and broadcast media in solicitation of students. We publicize our nondiscriminatory policy in all printed brochures, magazines and application material and website information. |
| Schedule E, Part I, Line 6 | Carleton College participates in the Federal Student Financial Aid Program administered through the U.S. Department of Education. Carleton students receive funding from campus-based programs (Perkins, SEOG, and Federal Work Study) as well as Federal Pell Grants and Federal Student Loans. In addition, Carleton students receive funding via the Minnesota State Grant, Work-Study and SELF loan programs administered through the Minnesota Office of Higher Education. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (14 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|---|---|---|
| Central America and the Caribbean | 0 | 0 | Investments | $250,502,744 | |
| East Asia and the Pacific | 0 | 0 | Program Services | $378,881 | Biology - Australia and New Zealand |
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | $370,451 | Identity and Belonging in the New Europe |
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | $315,725 | Sport and Globalization- London and Seville |
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | $359,129 | Geology - New Zealand |
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | $295,762 | English Theater and Literature - London |
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | $255,770 | Irish Literature and Culture - Ireland |
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | $252,238 | Economics in Cambridge |
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | $246,350 | Spanish Studies - Madrid |
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | $234,741 | French Studies - Paris |
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | $188,713 | German Language and Literature - Berlin |
| East Asia and the Pacific | 0 | 0 | Program Services | $167,181 | Japanese Linguistics and Culture - Kyoto, Japan |
| Central America and the Caribbean | 0 | 0 | Program Services | $164,234 | Social and Cultural Research - Guatemala |
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | $136,489 | Russian Language and Culture - Moscow |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Spent | $253,868,408 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | City of Northfield | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 Washington Street | AddressLine1 |
| City | Northfield | City |
| State | MN | State |
| ZIP Code | 55057 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 416005424 | RecipientEIN |
| Cash Grant | $75,000 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Valuation Method Used | Cash | ValuationMethodUsedDesc |
| Purpose Of Grant | Annual Contribution | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Student Scholarships | GrantTypeTxt |
| Recipient | 1671 | RecipientCnt |
| Cash Grant | $33,983,589 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Valuation Method Used | Financial Need | ValuationMethodUsedDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 | FormAndLineReferenceDesc |
| Explanation | Grants, scholarships, loans and work-study funds are awarded to students based on demonstrated financial need using nationally recognized needs analysis standards. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Payments For Use Of Residence | Yes (X) | PaymentsForUseOfResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Steven G Poskanzer | ||||||||||||||
| President | $390,080 | $0 | $0 | $0 | $18,122 | $0 | $25,500 | $0 | $76,946 | $0 | $510,648 | $0 | $0 | $0 |
| Frederick A Rogers | ||||||||||||||
| Vice President and Treasurer | $257,406 | $0 | $0 | $0 | $33,657 | $0 | $25,500 | $0 | $15,449 | $0 | $332,012 | $0 | $0 | $0 |
| Donald A Hasseltine | ||||||||||||||
| Secretary/VP for External Relations | $272,528 | $0 | $0 | $0 | $17,542 | $0 | $26,789 | $0 | $14,201 | $0 | $331,060 | $0 | $0 | $0 |
| Beverly Nagel | ||||||||||||||
| Dean of the College | $236,884 | $0 | $0 | $0 | $1,584 | $0 | $23,795 | $0 | $7,173 | $0 | $269,436 | $0 | $0 | $0 |
| M H Wagner | ||||||||||||||
| VP Student Development and Dean of Students | $180,828 | $0 | $0 | $0 | $1,092 | $0 | $18,645 | $0 | $7,194 | $0 | $207,759 | $0 | $0 | $0 |
| Paul Thiboutot | ||||||||||||||
| VP and Dean of Admission/Financial Aid | $175,689 | $0 | $0 | $0 | $2,484 | $0 | $17,978 | $0 | $14,349 | $0 | $210,500 | $0 | $0 | $0 |
| Gayle McJunkin | ||||||||||||||
| Interim VP for External Relations | $174,323 | $0 | $0 | $0 | $2,484 | $0 | $17,784 | $0 | $8,823 | $0 | $203,414 | $0 | $0 | $0 |
| Joe A Hargis II | ||||||||||||||
| Interim VP for External Relations | $159,662 | $0 | $0 | $0 | $1,932 | $0 | $16,812 | $0 | $37,711 | $0 | $216,117 | $0 | $0 | $0 |
| Jason Matz | ||||||||||||||
| Director of Investments | $331,600 | $0 | $0 | $0 | $8,890 | $0 | $25,500 | $0 | $1,325 | $0 | $367,315 | $0 | $0 | $0 |
| Andrew Christensen | ||||||||||||||
| Director of Private Markets | $207,470 | $0 | $0 | $0 | $1,059 | $0 | $21,823 | $0 | $25,417 | $0 | $255,769 | $0 | $0 | $0 |
| Louis E Newman | ||||||||||||||
| Associate Dean of the College | $191,470 | $0 | $0 | $0 | $1,332 | $0 | $19,748 | $0 | $16,135 | $0 | $228,685 | $0 | $0 | $0 |
| Susan Singer | ||||||||||||||
| Professor of Natural Sciences | $131,999 | $0 | $0 | $0 | $45,984 | $0 | $13,778 | $0 | $29,522 | $0 | $221,283 | $0 | $0 | $0 |
| Joel Weisberg | ||||||||||||||
| Professor of Physics and Astronomy | $139,683 | $0 | $0 | $0 | $33,484 | $0 | $14,547 | $0 | $21,986 | $0 | $209,700 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule J, Part I, Line 1a | FormAndLineReferenceDesc |
| Explanation | President Poskanzer received the following nontaxable benefits: residence on campus with the fair rental value of $48,200 per year; maid/cleaning for personal portion of residence of $7,337. Vice President Rogers received taxable income of $20,540 for housing. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Business Name Line2IssuerName/BusinessNameLine2 | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|---|
| Minnesota Higher Education Facilities Authority | |||||||||
| A | Series 6D | 410988525 | 60416HENO | 2005-04-13 | $31,460,000 | Retire Series 3L1 and Series 4N, new student housing | Yes (1) | 0 | 0 |
| Minnesota Higher Education Facilities Authority | |||||||||
| B | Series 6T | 410988525 | 60416HNH3 | 2008-12-04 | $19,294,728 | Cassat and Memorial Hall construction | 0 | 0 | 0 |
| Minnesota Higher Education Facilities Authority | |||||||||
| C | Series 7D | 410988525 | 60416HRZ9 | 2010-06-29 | $31,962,105 | Weitz Center for Creativity rennovation and costruction | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $0 | $0 | $31,460,000 | $0 | $0 | $28,123,498 | $336,501 | $0 | $0 | $3,000,000 | $0 | $0 | 2008 | 0 | Yes (1) | Yes (1) | Yes (1) |
| B | $0 | $0 | $19,294,728 | $0 | $0 | $0 | $291,550 | $0 | $0 | $19,003,178 | $0 | $0 | 2011 | 0 | 0 | Yes (1) | Yes (1) |
| C | $0 | $0 | $31,962,105 | $0 | $0 | $337,859 | $0 | $0 | $31,624,246 | $0 | $0 | $0 | 2011 | 0 | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| C | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Morgan Stanley Capital Services LLC | ||||||||||||
| A | 0 | 0 | Yes (1) | 0 | Yes (1) | Yes (1) | 2022 | 0 | 0 | 0 | 0 | Yes (1) |
| (no name) | ||||||||||||
| B | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) | |||
| (no name) | ||||||||||||
| C | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) | |||
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $79,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Appraised Value | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 244 | ContributionCnt |
| Noncash Contributions Rpt F990 | $9,702,750 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market Value | MethodOfDeterminingRevenuesTxt |
Real Estate Residential RealEstateResidentialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $850,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Gift Amount | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | Volunteer Expense | Desc |
| Contribution | 502 | ContributionCnt |
| Noncash Contributions Rpt F990 | $163,600 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Actual | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 1 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule M, Part I, Line 32b | FormAndLineReferenceDesc |
| Explanation | The College will retain an attorney for non cash real estate gifts and a broker for publicly traded securities, as needed. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section B, Line 11b | Management presented the 2013 Form 990 in its entirety to the Audit Committee of the Board of Trustees for their review prior to submitting it to the IRS. The 2013 Form 990 is also included on the Board of Trustees website and provided with the Board materials for all members reference. |
| Form 990, Part VI, Section B, Line 12c | Officers, trustees, and key employees are required to annually disclose interests that could give rise to conflict. Such interests include a list of family members, substantial business or investment holdings and other transactions or affiliations with businesses or other organizations. Transactions with parties with whom a conflicting interest exists may be undertaken only if all of the following are observed: 1) The conflicting interest is fully disclosed; 2) the person with the conflict of interest is excluded from the discussion and approval of such transaction; 3) a competitive bid for comparable valuation exists; and 4) the Audit Committee of the Board of Trustees has determined that the transaction is in the best interest of the organization. |
| Form 990, Part VI, Section B, Line 15 | The President's compensation is determined annually by the Executive Committee of the Board of Trustees. The committee uses a consulting firm to conduct an independent review of the President's compensation package. The review compares data from 25 of the College's peer institutions, as well as utilizing various salary surveys. The College uses the same consulting firm to review the following positions: Vice President and Treasurer, Vice President of External Relations, Dean of the College, Vice President and Dean of Admissions, Vice President and Dean of Students, Chief of Staff and Director of Investments. The President submits his salary recommendations for these positions to the Executive Committee for approval. This process takes place annually; the review of all executive positions last took place in Spring 2014. |
| Form 990, Part VI, Section C, Line 19 | Carleton's governing documents, Conflict of Interest policy, and Financial Statements are available on the organization's website and are available up request. |
| Form 990, Part XI, Line 9 | Net Change in Annuity & Life Income Funds $(3,074,981); Unrealized Gain on Interest Rate Swap $450,221; Rental Expenses $785,332; Bookstores COGS $794,330 |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Trust Name Confidential | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One North College Street | AddressLine1 |
| City | Northfield | City |
| State | MN | State |
| ZIP Code | 55057 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | Charitable Remainder Trusts | PrimaryActivitiesTxt |
| Legal Domicile State | MN | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Entity Type | T | EntityTypeTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | Yes (1) | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |