2014-04-03T16:44:31-07:00 2013-06-30 O'CONNELL PACE & COMPANY PC 609 FARMINGTON AVE STE 201 HARTFORD CT 06105 990 2012-07-01 060646888 SALISBURY SCHOOL INC SALI 8604355711 ROUTE 44 SALISBURY CT 06068 JOHN MAGIERA 8604355711 2014-04-03 true WILLIAM CLARK 8602473917 2012 2015-11-30 17:44:51Z JOHN MAGIERA 251 CANAAN RD SALISBURY CT 06068 34666611 false X www.salisburyschool.org X 1901 CT Education: Salisbury School is an independent boy's secondary school (grades 9 thru 12) for boarding and day students. The school recruits students from around the world. 25 24 223 80 86259 58999 5479023 9899250 16606821 17285996 1338410 2977468 487236 445897 23911490 30608611 3219988 3289320 0 9244945 9644533 0 1272077 10601700 10625237 23066633 23559090 844857 7049521 176008374 187174149 80805970 82945176 95202404 104228973 Education: false false 18446420 3289320 16132899 SALISBURY SCHOOL IS AN INDEPENDENT BOY'S SECONDARY SCHOOL (GRADES 9 THRU 12) FOR BOARDING AND DAY STUDENTS 463644 463644 SALISBURY SUMMER SCHOOL IS AN INDEPENDENT READING AND ENGLISH CO-ED SUMMER SCHOOL (GRADES 8 THRU 12) 18910064 true true false false false false false false false true true true false true true true true false true false false false false false false false false false true true true false false false false false false false false false false true false false false false false false false false true 47 0 true 223 true true true false false false false true true false false false false false false false X 25 24 false false false false false false false true true false false false true true true true true true true false CT X JOSEPHINE LEARY 8604355711 251 CANAAN RD SALISBURY CT 06068 SEE ATTACHED LIST 0.00 X 0 0 0 CHISHOLM CHANDLER 40.00 X X X X 277800 0 36345 JOHN MAGIERA 40.00 X X X 216000 0 27646 DIRCK BARHYDT 40.00 X X 170750 0 8538 ROBERT WYNNE 40.00 X 122550 0 22095 PETER GILBERT 40.00 X 106000 0 20445 893100 115069 4 false true false NITED CONSTRUCTION AND ENGINEERING BOX 1088 TORRINGTON CT 06790 Contractor 1008113 AETNA BOX 88863 CHICAGO IL 60695 Health insurance 407517 CL&P PO BOX 150493 HARTFORD CT 06115 Electricty 412604 LINDELL FUELS PO BOX 609 CANAAN CT 06018 Fuel 457849 SYSCO CT BOX 4003 ROCKY HILL CT 06067 Food 296850 15 9899250 1315831 9899250 Student Tuition & Fees 611600 16596543 Auxiliary Services 611600 689453 17285996 862624 862624 6172844 4058000 2114844 2114844 2114844 Other revenues 999999 445897 359638 86259 445897 30608611 17645634 86259 2977468 3289320 3289320 737079 314145 243646 179288 6819905 4826163 1420564 573178 493721 493721 0 0 1066646 575256 367577 123813 527182 375375 100473 51334 312991 0 312991 0 702695 555808 131623 15264 35738 24364 11374 0 522576 161001 180838 180737 162610 33728 91456 37426 1258352 1150248 107527 577 321347 174070 92168 55109 2281925 2281925 0 0 2516322 2516322 0 0 191615 0 191615 0 Supplies 519620 441126 23143 55351 Student incidentals 1285269 1208637 76632 0 General expenses 514177 488855 25322 0 23559090 18910064 3376949 1272077 1165077 1731921 13474878 18583657 3073216 2824229 277447 288070 263422 237313 738496 798451 95861967 27176262 69501233 68685705 43108887 46396224 44405718 47628579 176008374 187174149 2557575 2897664 6445359 7178703 48160000 48160000 23643036 24708809 80805970 82945176 X 44979178 46762830 26573387 31779166 23649839 25686977 95202404 104228973 176008374 187174149 7049521 1977048 X false true X true false X 0 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 67793894 6269159 4954341 1871713 312991 76832690 69570134 1039264 -761258 1752113 302133 67793894 58456610 6931440 6324789 1848500 294205 69570134 39475034 16317760 4643778 1683188 296774 58456610 48157209 1439601 -7894151 1961613 266012 39475034 0.27000 0.33000 0.40000 false false 1306500 1306500 91700266 24956537 66743729 2855201 2219725 635476 68685705 Stock Held For Sale 30070 F Scout Capital Fund, Ltd 2392304 F Brencourt Multi Strategy 74677 F Davidson Kempner International 3002659 F Neuberger and Berman Genesis Fund 1346147 F Mineral Acquisition Partners 2348310 F Spinnaker Global Strategic Fund 1980612 F Common Fund - Capital Partners 173316 F Sanderson International Fund 3976387 F OZ Overseas Fund II 2492070 F Clearwater Fund III 855436 F Sankaty Credit Opportunities 615446 F Dune Real Estate Parallel Fund 968830 F Tortoise Fund Equities 1646876 F Conatus Capital Overseas Ltd 1708845 F Regiment Capital Special Situation 578171 F York European Opportunities Unit Tr 1551752 F Cambridge Fund 15986306 F Anchor Capital 1722953 F Dune Capital Management, LP 755328 F Southpoint Capital Advisors 2189729 F 46396224 Assets held in charitable remainder trusts 47599463 Deposits 29116 47628579 Liability under trust agreemenets 24708809 24708809 X 30608611 30608611 30608611 23559090 23559090 23559090 Pt X Line 2 The School adopted the provisions of Accounting for Uncertainty IN INCOME TAXES. THE STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS AND PRESCRIBES A THRESHOLD OF MORE- LIKELY-THAN-NOT FOR RECOGNITION OF TAX BENEFITS OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ADOPTION OF THIS STANDARD DID NOT HAVE AN IMPACT ON THE SCHOOL'S FINANCIAL STATEMENTS. Pt V Line 4 Scholarship and other program related expenses Pt XI Line 4b true true true true true true true false false false false false false false false false false true Line 3 STATEMENT OF NON-DISCRIMINATORY POLICY WAS PUBLISHED IN THE HARTFORD COURANT true 0 0 Financial aid and tuition remission 94 3289320 FMV financial aid Pt I Line 2 Assistance is granted based on the need of each individual student. X X X X true true X X X X false true false false false false false false false CHISHOLM CHANDLER 265000 12800 36345 314145 JOHN MAGIERA 200000 16000 27646 243646 DIRCK BARHYDT 170750 8538 179288 Pt I Line 4b deferred compensation plan A CHEFA 060806186 20774UYH2 2008-05-22 48160000 Capital projects false false false A 48160000 4524066 1542293 331484 47828516 2009 false false true true A false false false false 0.00000 0.00000 0.00000 true A false true false false false false true Part IV, line 2c - May 22, 2013 X 42 1315831 false true false Pt VI, Line 11b The School provides a copy of the Federal Form 990 to the audit committee. The committee reviews the Form 990 and supporting documents before filing. This committee then makes any needed changes and approves the Form 990. Pt VI, Line 12c The School annually certifies that there are no conflicts. Pt VI, Line 15a The Compensation Committee reviews key employee compensation annually and presents a recommendation at the spring meeting. ABOPS compensation data is used for comparability studies. Pt VI, Line 19 All documents are available upon request and are on file in the business office of the School. Pt VI, Line 15b The Compensation Committee reviews key employee compensation annually and presents a recommendation at the spring meeting. ABOPS compensation data is used for comparability studies.