JUILLIARD SCHOOL: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- JUILLIARD SCHOOL (EIN 13-1624067)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-14
- IRS object ID
- 201411349349307796
- Schema version
- 2012v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-14T18:03:10-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 666 THIRD AVENUE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100174057 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131624067 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Juilliard School | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % CHRISTINE TODD | InCareOfName |
| Name Control | JUIL | NameControl |
| Phone | 2127995000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 Lincoln Center Plaza | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10023 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | update | Name |
| Title | update | Title |
| Phone | 2125990100 | Phone |
| Date Signed | 2014-05-14 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2125990100 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JOSEPH W POLISI | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 Lincoln Center Plaza | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10023 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 496242380 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.juilliard.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1934 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | Provide the highest caliber of artistic education for gifted musicians, dancers, and actors from around the world so they achieve their fullest potential as artists, leaders, and global citizens. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 32 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 31 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2397 | TotalNbrEmployees |
| Total Nbr Volunteers | 45 | TotalNbrVolunteers |
| Total Gross UBI | 211530 | TotalGrossUBI |
| Contributions Grants Prior Year | 40276969 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 29637105 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 37956223 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 40647111 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 19779270 | InvestmentIncomePriorYear |
| Investment Income Current Year | 60376664 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 770826 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1118463 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 98783288 | TotalRevenuePriorYear |
| Total Revenue Current Year | 131779343 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 18309434 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 19038329 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 44534820 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 48212316 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 3480923 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 41608882 | OtherExpensePriorYear |
| Other Expenses Current Year | 42904783 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 104453136 | TotalExpensesPriorYear |
| Total Expenses Current Year | 110155428 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -5669848 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 21623915 | RevenuesLessExpensesCY |
| Total Assets BOY | 1037897026 | TotalAssetsBOY |
| Total Assets EOY | 1110902052 | TotalAssetsEOY |
| Total Liabilities BOY | 270491191 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 244141319 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 767405835 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 866760733 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE MISSION OF THE JUILLIARD SCHOOL IS TO PROVIDE THE HIGHEST CALIBER OF ARTISTIC EDUCATION FOR GIFTED MUSICIANS, DANCERS, AND ACTORS FROM AROUND THE WORLD SO THAT THEY MAY ACHIEVE THEIR FULLEST POTENTIAL AS ARTISTS, LEADERS, AND GLOBAL CITIZENS. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 56373093 | Expense |
| Grants | 0 | Grants |
| Revenue | 34237088 | Revenue |
| Description | Juilliards primary program service accomplishment is providing instruction in music, dance, and drama to approximately 1,000 students in its college and re-college programs. The expenses associated with provided instruction include compensation (salaries and employment benefits) relating to the educational function of the School, occupancy costs allocable to instruction, teaching materials and services, and instrument maintenance and repair. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 18890068 | Expense |
| Grants | 18890068 | Grants |
| Revenue | 0 | Revenue |
| Description | Providing financial assistance to students is a high priority of the School, so that financial circumstances will not be a barrier to entry for its talented musicians, actors, and dancers. Student assistance includes scholarships, fellowships, prizes, certain grants, and federal aid grants received and distributed to eligible students. Approximately 85% of the college population of the school (approximately 844 students in total) received student assistance during 2012-13. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 6818275 | Expense |
| Grants | 148261 | Grants |
| Revenue | 7126899 | Revenue |
| Description | During 2012-13 the School supported its mission of higher education through program services indirectly related to the education of talented musicians, actors and dancers. Such indirect program services include support of student activities and programming and auxiliary services such as the Juilliard Store and the student residence hall, and employee benefit costs. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 4553783 | Expense |
| Grants | 0 | Grants |
| Revenue | 0 | Revenue |
| Description | Student performing arts productions | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 4553783 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 0 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 0 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 86635219 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | true | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 1656 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 2397 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 32 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 31 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | CHRISTINE TODD | NamePerson |
| Telephone Number | 2127995000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 LINCOLN CENTER PLAZA | AddressLine1 |
| City | new york | City |
| State | NY | State |
| ZIP Code | 10023 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (46 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Other CompensationOtherCompensation | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| Bruce Kovner | ||||||||
| Chairman | 3.0 | X | X | 0 | 0 | |||
| Katheryn C Patterson | ||||||||
| Vice Chairman | 2.0 | X | X | 0 | 0 | |||
| Pierre Bastid | ||||||||
| Trustee | 1.0 | X | 0 | 0 | ||||
| Andrew T Bednar | ||||||||
| Trustee (thru 5/2013) | 1.0 | X | 0 | 0 | ||||
| Julie A Choi | ||||||||
| Trustee | 2.0 | X | 0 | 0 | ||||
| Pamela Daley | ||||||||
| Trustee | 1.0 | X | 0 | 0 | ||||
| Kent A Clark | ||||||||
| Trustee | 1.0 | X | 0 | 0 | ||||
| Kenneth S Davidson | ||||||||
| Trustee | 2.0 | X | 0 | 0 | ||||
| Sanford B Ehrenkranz | ||||||||
| Trustee | 1.0 | X | 0 | 0 | ||||
| Barbara G Fleischman | ||||||||
| Trustee | 1.0 | X | 0 | 0 | ||||
| Keith R Gollust | ||||||||
| Trustee | 2.0 | X | 0 | 0 | ||||
| Mary Graham | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Mary Rodgers Guettel | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Joan W Harris | ||||||||
| Trustee | 1.0 | X | 0 | 0 | ||||
| Bradley H Jack | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Edward E Johnson Jr | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Sidney R Knafel | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| J Christopher Kojima | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| June Noble Larkin | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Karen M Levy | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Teresa E Lindsay | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Laura Linney | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Vincent A Mai | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| James S Marcus | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Michael E Marks | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Nancy A Marks | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Wynton Marsalis | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Stephanie Palmer McClelland | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Lester S Morse Jr | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Susan W Rose | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Arthur T Shorin | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Joan S Steinberg | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Joseph W Polisi | ||||||||
| President | 50.0 | X | X | 710307 | 336406 | 0 | ||
| Ara Guzelimian | ||||||||
| Provost & Dean | 50.0 | X | 319588 | 55278 | 0 | |||
| Jon Rosenhein | ||||||||
| VP & Chief Operating Officer | 50.0 | X | 316730 | 50598 | 0 | |||
| Riccardo Salmona | ||||||||
| VP Dev & Public Affairs | 50.0 | X | 306153 | 41911 | 0 | |||
| Elizabeth Hurley | ||||||||
| VP Dev & Public Affairs | 50.0 | X | 0 | 0 | ||||
| Laurie Carter | ||||||||
| VP & General Counsel | 50.0 | 481264 | 55117 | 0 | X | |||
| Christine Todd | ||||||||
| VP for Finance & Controller | 50.0 | 197780 | 20793 | 0 | X | |||
| Joseph Mastrangelo | ||||||||
| VP for Facilities Management | 50.0 | 168184 | 34257 | 0 | X | |||
| David Marcus | ||||||||
| Chief Investment Officer | 50.0 | 507912 | 53098 | 0 | X | |||
| James Houghton | ||||||||
| Artistic Director | 50.0 | 252595 | 38870 | 0 | X | |||
| Yoheved Kaplinsky | ||||||||
| Artistic Director & Faculty | 50.0 | 243798 | 25632 | 0 | X | |||
| Heidi Castleman | ||||||||
| Faculty | 50.0 | 209638 | 24795 | 0 | X | |||
| Vanessa Wise | ||||||||
| Director of Development | 50.0 | 201062 | 47231 | 0 | X | |||
| Joel krosnick | ||||||||
| faculty | 50.0 | 196900 | 44935 | 0 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 4111911 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 828921 | TotalOtherCompensation |
| Number Individuals GT100 K | 69 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Kelley Drye Warren LLP | |||||
| 101 Park Avenue | NEW YORK | NY | 10178 | legal | 350879 |
| ccmp II | |||||
| 245 park avenue | NEW YORK | NY | 10167 | INVESTMENT MGMT | 346870 |
| kpmg llp | |||||
| 345 park avenue | NEW YORK | NY | 10154 | accounting/advisory | 301727 |
| jp morgan chase | |||||
| 600 fifth avenue | NEW YORK | NY | 10020 | INVESTMENT banking | 298278 |
| t rowe price | |||||
| c/o jpm 1111 polaris pkwy | COLUMBIA | OH | 43240 | INVESTMENT MGMT | 278609 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 24 | NumberOfContractorsGT100K |
| Fundraising Events | 160882 | FundraisingEvents |
| Government Grants | 725375 | GovernmentGrants |
| All Other Contributions | 28750848 | AllOtherContributions |
| Noncash Contributions | 4193511 | NoncashContributions |
| Total Contributions | 29637105 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| TUITION & FEES | 611600 | 34074038 | 34074038 | |
| RESIDENCE HALL | 611710 | 5006101 | 4608699 | $397,402 |
| USER FEES, EDUCATION PROGRAM | 611710 | 247125 | 247125 | |
| STUDENT LOAN INCOME | 900099 | 5502 | 5502 | |
| INTERNATIONAL PROGRAM DEVELOPMENT | 900099 | 1314345 | 1314345 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 40647111 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3175671 | TotalRevenueColumn |
| Unrelated Business Revenue | 179613 | UnrelatedBusinessRevenue |
| Exclusion | $2,996,058 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1892 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1892 | RelatedOrExemptFunctionIncome |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 420329762 | Securities |
| Other | 229000 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 363359661 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 56970101 | Securities |
| Other | 229000 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 57199101 | TotalRevenueColumn |
| Exclusion | $57,199,101 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 14250 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 160882 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 40089 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -25839 | TotalRevenueColumn |
| Exclusion | -$25,839 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 2020803 | GrossSalesOfInventory |
| Cost Of Goods Sold | 1063287 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 957516 | TotalRevenueColumn |
| Related Or Exempt Function Income | 957516 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| ADVERTISING REVENUE | 541800 | 31917 | 31917 | |
| MISCELLANEOUS | 900099 | 154869 | 154869 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 186786 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 131779343 | TotalRevenueColumn |
| Related Or Exempt Function Income | 41363986 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 211530 | UnrelatedBusinessRevenue |
| Exclusion | $60,566,722 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19038329 | Total |
| Program Services | 19038329 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3159298 | Total |
| Program Services | 1019028 | ProgramServices |
| Management And General | 1419821 | ManagementAndGeneral |
| Fundraising | 720449 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35211653 | Total |
| Program Services | 28412365 | ProgramServices |
| Management And General | 5368786 | ManagementAndGeneral |
| Fundraising | 1430502 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2161481 | Total |
| Program Services | 1744104 | ProgramServices |
| Management And General | 329565 | ManagementAndGeneral |
| Fundraising | 87812 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4577673 | Total |
| Program Services | 3693735 | ProgramServices |
| Management And General | 697966 | ManagementAndGeneral |
| Fundraising | 185972 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3102211 | Total |
| Program Services | 2379466 | ProgramServices |
| Management And General | 548845 | ManagementAndGeneral |
| Fundraising | 173900 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 349363 | Total |
| Management And General | 319580 | ManagementAndGeneral |
| Fundraising | 29783 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 167555 | Total |
| Management And General | 167555 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4696329 | Total |
| Management And General | 4696329 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2040654 | Total |
| Program Services | 920553 | ProgramServices |
| Management And General | 1117909 | ManagementAndGeneral |
| Fundraising | 2192 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1086943 | Total |
| Program Services | 815207 | ProgramServices |
| Management And General | 54347 | ManagementAndGeneral |
| Fundraising | 217389 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1304182 | Total |
| Program Services | 790885 | ProgramServices |
| Management And General | 476633 | ManagementAndGeneral |
| Fundraising | 36664 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 910120 | Total |
| Management And General | 910120 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5899192 | Total |
| Program Services | 5551784 | ProgramServices |
| Management And General | 315362 | ManagementAndGeneral |
| Fundraising | 32046 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 744410 | Total |
| Program Services | 633233 | ProgramServices |
| Management And General | 10107 | ManagementAndGeneral |
| Fundraising | 101070 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46425 | Total |
| Program Services | 24605 | ProgramServices |
| Management And General | 1984 | ManagementAndGeneral |
| Fundraising | 19836 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9276077 | Total |
| Program Services | 8348469 | ProgramServices |
| Management And General | 834847 | ManagementAndGeneral |
| Fundraising | 92761 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9338699 | Total |
| Program Services | 8482488 | ProgramServices |
| Management And General | 771274 | ManagementAndGeneral |
| Fundraising | 84937 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1831666 | Total |
| Management And General | 1831666 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| CONCERT, OPERA, DRAMA, DANCE | 1743154 | 1743154 |
| AUXILIARY SERVICES | 1581642 | 1581642 |
| INSTRUMENT ACQUIS. & REPAIR | 608753 | 608753 |
| STUD. ACTIVITIES & OUTREACH | 300066 | 300066 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 979553 | Total |
| Program Services | 547353 | ProgramServices |
| Management And General | 166590 | ManagementAndGeneral |
| Fundraising | 265610 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 110155428 | Total |
| Program Services | 86635219 | ProgramServices |
| Management And General | 20039286 | ManagementAndGeneral |
| Fundraising | 3480923 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5228794 | BOY |
| EOY | 3755338 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23436874 | BOY |
| EOY | 16354306 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2433374 | BOY |
| EOY | 1256627 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1075301 | BOY |
| EOY | 980649 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 769861 | BOY |
| EOY | 852009 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3896639 | BOY |
| EOY | 3785809 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 261999161 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 81298584 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 187692390 | BOY |
| EOY | 180700577 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 221383664 | BOY |
| EOY | 193169490 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 584100920 | BOY |
| EOY | 702082800 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4471965 | BOY |
| EOY | 3559498 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3407244 | BOY |
| EOY | 4404949 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1037897026 | BOY |
| EOY | 1110902052 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10163737 | BOY |
| EOY | 9213423 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 533389 | BOY |
| EOY | 439424 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 194995000 | BOY |
| EOY | 194995000 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 64799065 | BOY |
| EOY | 39493472 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 270491191 | BOY |
| EOY | 244141319 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 160548945 | BOY |
| EOY | 201387488 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 330921173 | BOY |
| EOY | 373707110 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 275935717 | BOY |
| EOY | 291666135 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 767405835 | BOY |
| EOY | 866760733 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1037897026 | BOY |
| EOY | 1110902052 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 21623915 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 51663128 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 26067855 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbying | |
| Total Direct Lobbying | TotalDirectLobbying | |
| Total Lobbying Expenditures | TotalLobbyingExpenditures | |
| Other Exempt Purpose Expenditures | OtherExemptPurposeExpenditures | |
| Total Exempt Purpose Expenditures | TotalExemptPurposeExpenditures | |
| Lobbying Nontaxable | LobbyingNontaxableAmount | |
| Grassroots Nontaxable | GrassrootsNontaxableAmount | |
| Tot Lobbying Grassroot Minus Non Tx | TotLobbyingGrassrootMinusNonTx | |
| Tot Lobby Expend Mns Lobbying Nontx | TotLobbyExpendMnsLobbyingNontx |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Schedule C | Identifier |
| Explanation | The Juilliard School does not engage in direct lobbying. However, as an educational institution the school is a member of various industry associations that may lobby on behalf of the industry. While the Juilliard School pays membership dues to these organizations, the school is unable to determine the minimal amount that may be allocated for that purpose. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 778535715 | BeginningOfYearBalance |
| Contributions | 31600465 | Contributions |
| Investment Earnings Or Losses | 106579031 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 11874624 | GrantsOrScholarships |
| Other Expenditures | 32736256 | OtherExpenditures |
| End Of Year Balance | 872104331 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 804280395 | BeginningOfYearBalance |
| Contributions | 24217261 | Contributions |
| Investment Earnings Or Losses | -5049097 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 12045994 | GrantsOrScholarships |
| Other Expenditures | 32866850 | OtherExpenditures |
| End Of Year Balance | 778535715 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 658901148 | BeginningOfYearBalance |
| Contributions | 64944753 | Contributions |
| Investment Earnings Or Losses | 125076825 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 11674559 | GrantsOrScholarships |
| Other Expenditures | 32967772 | OtherExpenditures |
| End Of Year Balance | 804280395 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 613526202 | BeginningOfYearBalance |
| Contributions | 22737410 | Contributions |
| Investment Earnings Or Losses | 61108092 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 10443922 | GrantsOrScholarships |
| Other Expenditures | 28026634 | OtherExpenditures |
| End Of Year Balance | 658901148 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 766148903 | BeginningOfYearBalance |
| Contributions | 22268374 | Contributions |
| Investment Earnings Or Losses | -139340732 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 12224833 | GrantsOrScholarships |
| Other Expenditures | 23325510 | OtherExpenditures |
| End Of Year Balance | 613526202 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.30100 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.69900 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2421438 | OtherCostOrOtherBasis |
| Book Value | 2421438 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 33308239 | OtherCostOrOtherBasis |
| Depreciation | 24646026 | Depreciation |
| Book Value | 8662213 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 203459581 | OtherCostOrOtherBasis |
| Depreciation | 43820812 | Depreciation |
| Book Value | 159638769 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 21706790 | OtherCostOrOtherBasis |
| Depreciation | 12831746 | Depreciation |
| Book Value | 8875044 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1103113 | OtherCostOrOtherBasis |
| Book Value | 1103113 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 180700577 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (9 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| INFLATION HEDGES | 40952081 | F |
| DOMESTIC EQUITY | 26091087 | F |
| INTERNATIONAL EQUITY | 130904938 | F |
| HEDGED EQUITY | 122313957 | F |
| EVENT DRIVEN INVESTMENTS | 81698986 | F |
| MANAGED FUTURES | 24231852 | F |
| DISTRESSED SECURITIES | 23612536 | F |
| PRIVATE EQUITY | 149780184 | F |
| MULTI-STRATEGY INVESTMENT | 102497179 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 702082800 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| FAIR VALUE OF DERIVATIVE INSTR | $36,003,313 |
| LIABILITITES TO ANNUITANTS | $2,443,218 |
| FEDERAL LOAN CAPITAL ADVANCES | $1,046,941 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 39493472 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 188813535 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 51663128 | NetUnrealizedGainsInvestments |
| Other Revenues | 26067855 | OtherRevenues |
| Revenue Not Rptd F990 | 77730983 | RevenueNotRptdF990 |
| Revenue Subtotal | 111082552 | RevenueSubtotal |
| Investment Expenses Not Included | 4696329 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 16000462 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 20696791 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 131779343 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 89458637 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 89458637 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 4696329 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 16000462 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 20696791 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 110155428 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Financial Statement Footnote | Schedule D, Part III, Line 1 | The School's collections comprise rare instruments and music manuscripts that are held for educational and curatorial purposes. Each of the items are catalogued, preserved and cared for, and activities verifying their existence and assessing their condition are performed continuously. The collections generally are subject to a policy that requires proceeds from their sales to be used to acquire other items for collections. The collections, which were acquired through purchases and contributions since the School's inception, are not recognized as assets on the balance sheet. Purchases of collection items are recorded as decreases in unrestricted net assets in the period in which the items are acquired, or as temporarily or permanently restricted net assets if the assets used to purchase the items are restricted by donors. Contributed collection items are not reflected in the financial statements. Proceeds from deaccesions or insurance recoveries are reflected as increases in the appropriate net asset classes. The value of the School's collections is periodically estimated for insurance purposes. Description of Organization's Collection Schedule D, Part III, Line 4 The School's collections include rare musical instruments and historic music manuscripts. Access to these collections provides exceptional educational opportunities to the students attending the School as they prepare for professional careers in the performing arts. Additionally, the collections are held for curatorial purposes, as their preservation and ongoing care is essential to ensuring access to them by future generations of students and scholars. On occasion in connection with a relevant performance, lecture, or presentation, the viewing area for the collection items is opened so visitors to the School may view the items. |
| Intended Uses of Endowment Funds | Schedule D, part V, LIne 4 | The School's endowment consists of approximately 500 individual funds established for a variety of purposes including scholarships and student aid, educational programs, and other purposes in support of the School's mission. |
| Income Taxes | Schedule D, Part X, Line 2 | The School recognizes the effect of income tax positions only if those tax positions are more likely than not to be sustained. Income generated from activities unrelated to the school's exempt purpose is subject to tax under Internal Revenue Code Section 511. The School did not recognize any unrelated business income tax liability for the years ended June 30, 2013 and 2012. |
| Reconciliation of Revenue | Schedule D, part XI | Line 2d Change in value of Split-interest agreements $415,581 Change in Fair Value of Derivative Instruments $25,652,274 ------------- Total $26,067,855 ============= Line 4b Financial Aid Grants $17,031,832 Juilliard Store Cost of Sales ($1,063,287) Advertising Revenue $31,917 ------------- Total $16,000,462 ============= |
| Reconciliation of Expenses | Schedule D, Part XII | Line 4b Financial Aid Grants $17,031,832 Juilliard Store Cost of Sales ($1,063,287) Advertising Revenue $31,917 ------------- Total $16,000,462 ============= |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Publication of Racially Nondiscriminatory Policy | Schedule E, Part I, Line 3 | Under Rev Proc 75-50, 4.03(2)(b), the School would seem to be exempt in that it "customarily draws a substantial percentage of its students nationwide or worldwide from a large geographic section of the U.S. and follows a racially non-discriminatory policy." However, the School's policy of non-discrimination for admissions and financial aid awards is clearly stated in admissions materials sent to all prospective students. |
| Procedure for monitoring use of grant funds inside the U.S. | The school participates in the following federal programs: FWS, Pell Grant, SEOG, academic competitiveness, Javits fellowships, federal direct student loans, and Perkins loans. At the state level, it has been the recipient of New York aid to non-public colleges ("bundy funds") and library grants. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (8 entries)
| RegionRegion | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|
| Europe (Including Iceland and Greenland) | Program Services | Performances/auditions | 226638 |
| North America | Program Services | planning/seminars | 26048 |
| Central America and the Caribbean | Program Services | performances | 3370 |
| South America | Program Services | performances/meetings | 74708 |
| East Asia and the Pacific | Program Services | performances/meetings | 932902 |
| East Asia and the Pacific | Fundraising | 13300 | |
| Central America and the Caribbean | Investments | 217437493 | |
| Europe (Including Iceland and Greenland) | Investments | 36904831 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Amount Spent | 255619290 | SubtotalAmountSpent |
| Total Amount Spent | 255619290 | TotalAmountSpent |
| Transfer To Foreign Corp | true | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | true | OwnForeignCorp |
| Passive Foreign Invest Co | true | PassiveForeignInvestCo |
| Foreign Partnership | true | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part IV | Identifier |
| Explanation | The Juilliard School invests in domestic and foreign limited partnerships that may own an interest in a foreign corporation, passive foreign investment company, or foreign partnership. Nevertheless, Juilliard's investment activities may not reach the thresholds required for filing the Forms 926, 8621 or 8865. To the extent such a form was REQUIRED, it has been filed with the Organization's Form 990-T. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | SCHOOL BENEFIT | NameOfEvent1 |
| Gross Receipts Event1 | 175132 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 160882 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 14250 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 31506 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 3557 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 5026 | OtherDirectExpensesEvent1 |
| Total Number Of Other Events | 0 | TotalNumberOfOtherEvents |
| Gross Receipts Total | 175132 | GrossReceiptsTotal |
| Charitable Contributions Total | 160882 | CharitableContributionsTotal |
| Gross Revenue Total Events | 14250 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 31506 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 3557 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 5026 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 40089 | DirectExpenseSummaryEvents |
| Net Income Summary | -25839 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (5 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation |
|---|---|---|---|
| STUDENT SCHOLARSHIPS | 836 | 17189331 | FMV |
| FEDERAL FINANCIAL GRANTS & ALLOCATIONS | 281 | 737636 | FMV |
| FELLOWSHIPS | 220 | 771652 | FMV |
| PRIZES & LIVING EXPENSE GRANTS | 55 | 190743 | FMV |
| OTHER GRANTS | 25 | 148967 | FMV |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Schedule I, Part I, Line 2 | Identifier |
| Explanation | As federally mandated, the School prepares annually a student cost of attendance budget, which includes tuition, room and board, and an estimate for the cost of books, supplies, transportation and personal expenses. The School then awards federal, state and institutional aid based upon the cost of attendance and the family's expected contribution, as determined by the federal need analysis formula. Students do not receive funding in excess of the cost of attendance and in cases where outside grants are received, student self-help aid (i.e. loans and work-study) is reduced first to ensure that aid is not over-awarded. Student must document additional educationally-related expenses in order to receive funding above their unmet need. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Travel For Companions | X | TravelForCompanions |
| Discretionary Spending Account | X | DiscretionarySpendingAccount |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | true | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | true | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (13 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Bonus Filing OrgBonusFilingOrg |
|---|---|---|---|---|---|---|---|---|
| Joseph W Polisi | ||||||||
| President | 671907 | 0 | 38400 | 310845 | 27124 | 1048276 | 0 | |
| Ara Guzelimian | ||||||||
| Provost & Dean | 318814 | 0 | 774 | 25000 | 31689 | 376277 | 0 | |
| Jon Rosenhein | ||||||||
| VP & Chief Operating Officer | 315956 | 0 | 774 | 25000 | 26996 | 368726 | 0 | |
| Riccardo Salmona | ||||||||
| VP Dev & Public Affairs | 298908 | 0 | 7245 | 25000 | 18304 | 349457 | 0 | |
| Laurie Carter | ||||||||
| VP & General Counsel | 217953 | 0 | 263311 | 22964 | 33495 | 537723 | 0 | |
| Christine Todd | ||||||||
| VP for Finance & Controller | 197524 | 0 | 256 | 19183 | 2894 | 219857 | 0 | |
| Joseph Mastrangelo | ||||||||
| VP for Facilities Management | 167222 | 0 | 962 | 17079 | 18366 | 203629 | 0 | |
| David Marcus | ||||||||
| Chief Investment Officer | 356331 | 0 | 414 | 25000 | 29534 | 562446 | 0 | 151167 |
| James Houghton | ||||||||
| Artistic Director | 252181 | 0 | 414 | 25000 | 15229 | 292824 | 0 | |
| Yoheved Kaplinsky | ||||||||
| Artistic Director & Faculty | 241512 | 0 | 2286 | 18521 | 8421 | 270740 | 0 | |
| Heidi Castleman | ||||||||
| Faculty | 160882 | 0 | 48756 | 15480 | 10459 | 235577 | 0 | |
| Vanessa Wise | ||||||||
| Director of Development | 200900 | 0 | 162 | 20697 | 27860 | 249619 | 0 | |
| Joel krosnick | ||||||||
| faculty | 193365 | 0 | 3535 | 19611 | 26645 | 243156 | 0 | |
Form990 Schedule J Part III Form990ScheduleJPartIII (4 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Schedule J, part I, Line 1 | The School on extremely infrequent occasions provides non-coach (generally business-class, although first-class may be used if business-class is unavailable) travel for its officers for travel to international destinations, in accordance with the School's policy. Such travel is in direct support of the School's educational and performance programs (such as, for example, an international performance tour of the student orchestra). Also, on occasion the School provides transportation for the spouse of the President to attend, on behalf of the School, functions or other events together with the President in direct support and furtherance of the School's mission. Seven individuals listed in Part VII, Section A have access to a discretionary fund for costs incurred in support of the School's educational and artistic purposes. Such costs must be documented and must be in compliance with the School's policies regarding allowable business expenses. Finally, in accordance with the terms of his employment, the President has non-exclusive access to use an apartment within the School's residence facility. However, his actual use of the apartment is extremely infrequent, and he did not use it for personal use during the reporting period. The apartment is used primarily to house visiting teachers and artists engaged to teach at the School and is occupied for most of the year for this purpose. |
| Schedule J, Part I, LIne 3 | An employment contract is executed between the School and its President, the terms of which are subject to review by the Board of Trustees. At the end of the contract's term, when deciding the terms under which the contract may be renewed or extended, the Compensation Committee of the Board of Trustees, with the assistance of an outside compensation expert, conducts research among peer institutions and documents the findings and decisions reached. The compensation of officers and other key employees is reviewed annually by the Compensation Committee prior to the start of each fiscal year, and questions, objections, and the resolution of each is documented. |
| Schedule J, Part I, LIne 4a | Laurie Carter, VP & General Counsel, received a payment of $262,897 pursuant to a separation agreement. This payment is reported on the Form 990, Schedule J, part II, Column (b)(iii). |
| Schedule J, Part I, Line 7 | As part of his compensation package, David Marcus, Chief Investment Officer, receives an annual retention bonus of a fixed amount. This payment is reported on the Form 990, Schedule J, part II, Column (b)(ii). |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The trust for Cultural Resources of the City of NY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 911882413 | IssuerEIN |
| CUSIP Number | 649717ps8 | CUSIPNumber |
| Date Issued | 2009-04-01 | DateIssued |
| Issue Price | 194247740 | IssuePrice |
| Description Of Purpose | Renovation of School's Facility | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Amount Retired | 0 | AmountRetired |
| Amount Bond Defeased | 0 | AmountBondDefeased |
| Total Proceeds | 194295034 | TotalProceeds |
| Amount In Reserve Fund | 0 | AmountInReserveFund |
| Capitalized Interest | 0 | CapitalizedInterest |
| Refunding Escrow | 160000000 | RefundingEscrow |
| Issuance Costs From Proceeds | 1904059 | IssuanceCostsFromProceeds |
| Credit Enhancement | 0 | CreditEnhancement |
| Working Capital Expenditures | 0 | WorkingCapitalExpenditures |
| Capital Expenditures | 28830797 | CapitalExpenditures |
| Other Spent Proceeds | 0 | OtherSpentProceeds |
| Amount Unspent | 3559498 | AmountUnspent |
| Year Of Subst Completion | 2010 | YearOfSubstCompletion |
| Current Refunding | true | CurrentRefunding |
| Advance Refunding | false | AdvanceRefunding |
| Final Allocation Made | false | FinalAllocationMade |
| Adequate Books And Recds Maintaind | true | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | false | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | true | MngmentCntrctBondFinancdPrprty |
| Engage Bond Counsel Contracts | true | EngageBondCounselContracts |
| Any Research Agreements | false | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0.00500 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00700 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.01200 | TotalPrivateBusinessUse |
| Bond Iss Meet Prvt Security Pay Test | false | BondIssMeetPrvtSecurityPayTest |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedProp |
| Remedial Action Taken | false | RemedialActionTaken |
| Non Qualified Bond Remed Procdrs | true | NonQualifiedBondRemedProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiled |
| Rebate Not Due Yet | false | RebateNotDueYet |
| Exception To Rebate | false | ExceptionToRebate |
| No Rebate Due | false | NoRebateDue |
| Variable Rate Issue | false | VariableRateIssue |
| Hedge Identified In Books And Recds | false | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGIC |
Name Of GIC Provider NameOfGICProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Written Proc To Monitor Reqs | false | WrittenProcToMonitorReqs |
Form990 Schedule K Part V Form990ScheduleKPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Proc To Undertk Corrective Action | true | ProcToUndertkCorrectiveAction |
Form990 Schedule K Part VI Form990ScheduleKPartVI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | See Schedule O | Identifier |
| Return Reference | 0 | ReturnReference |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 25 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 3951311 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Mean trading price | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | Musical Instrmnt. & Materials | Description |
| Number Of Contributions | 9 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 242200 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | expert opinion | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 10 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Line 32a | Identifier |
| Explanation | The school's policy is to sell publicly traded donated securities upon receipt. In accordance with this policy, the school's investment custodian is authorized to execute such sales on behalf of the school. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Governing Body | Form 990, Part VI, Line 2 | Bruce Kovner, Chairman and Keith Gollust, Trustee - Business Relationship |
| Form 990 review process | Form 990, Part VI, Line 11b | The Form 990 is prepared by an independent accounting firm in conjunction with Juilliard's Financial Department. It is reviewed by management prior to providing a draft copy of the form 990 to the audit committee and to the board of trustees. Questions and comments are solicited from the governing board, and any matters raised in this review process are addressed prior to filing the form 990. |
| Conflict of interest policy monitoring & enforcement | Form 990, Part VI, Line 12c | In October of each year, all trustees complete conflict of interest declarations. The declarations are submitted to the secretary (the school's vice president for development and public affairs) who reviews the declarations and maintains them. Additionally, if trustees are elected during the year, each completes a conflict of interest declaration upon election. Any conflict or potential conflicts are reviewed by the audit committee, and if the committee determines that a potential conflict of interest exists, the matter is referred to the board for resolution as applicable based on the circumstances of the matter at hand. The trustee affected by the potential conflict may not be present nor participate in the discussion of the matter and may not vote on the issue. The school may enter in to the proposed transaction or relationship only if the board approves it in accordance with the procedures described above. |
| Process for determining compensation | Form 990, Part VI, Line 15a | An employment contract is executed between the school and its president, the terms of which are subject to review by the board of trustees at the end of the contract's term. When deciding the terms under which the contract may be renewed or extended, the compensation committee of the board of trustees, with the assistance of an outside compensation expert, conducts research among peer institutions and documents the findings and decisions reached. The compensation of other officers and key employees is reviewed annually by the compensation committee prior to the start of each fiscal year, and questions, objections, and the resolution of each is documented. Compensation of the following officers and key employees was last reviewed for fiscal year 2012-2013: president, provost/dean, vp/chief operating officer, vp for development/public affairs, vp/general counsel, chief investment officer, VP for finance/controller and vp for facilities management. |
| Public Disclosure of Documents | Form 990, Part VI, Line 19 | All policies of the school applicable to employees are disclosed in the staff and faculty handbooks and accompanying statements, all of which are posted on the school's website for staff and faculty members - and anyone else - to review. The school makes its annual audited financial statements and Form 990 available upon request to any interested parties. The form 990 is also published on the internet at www.guidestar.org. The conflict of interest policy applicable to trustees is discussed in part VI, Section B, but it is not published on the website. Governing documents are made available upon request. |
| Reconciliation of Net Assets | Form 990, Part XI, Line 9 | Change in fair value of derivative instruments $25,652,274 Change in value of split-interest agreements $415,581 ------------- Total $26,067,855 |
| Schedule K, Part iv, line 2c | Abritrage calculations are currently in process. The school does not expect that a refund will be dUE. Schedule K, Part V Juilliard has engaged a firm to do the arbitrage calculation that is necessary to determine whether it has met the private security or payment test but at the time of the 990 filing the report was not complete. Juilliard does not expect that a refund will be due. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Institute of Musical Art | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 Lincoln Center Plaza | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10023 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 136162648 | EIN |
| Primary Activities | Support | PrimaryActivities |
| Legal Domicile State | NY | LegalDomicileState |
| Exempt Code Section | 501(c)(3) | ExemptCodeSection |
| Public Charity Status | 11 | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Juilliard | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | true | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | false | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | true | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | true | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | INSTITUTE OF MUSICAL ART | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | S | TransactionType |
| Amount Involved | 745959 | AmountInvolved |
| Method Of Amt Determination | FMV | MethodOfAmtDetermination |
Form990 Schedule R Part VII Form990ScheduleRPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Schedule R, Part V | Identifier |
| Explanation | Under an arrangement between the trustees of the institute of musical art of the city of New York ("the IMA") and the Juilliard School ("the School"), the income from all investments of the IMA is used to support the School's operations. Certain trustees and employees of the school serve as trustees of the IMA, and certain paid employees of the School provide administrative and recordkeeping services for the IMA. There are no reimbursements or cash transfers between the IMA and the school for these services. In 2002, the trustees of the ima delegated investment management authority over the IMA's assets (an investment portfolio) to the school, and the IMA transferred its assets (in cash) to the school. These funds were commingled with the School's investment portfolio, although the IMA remains a separate legal entity and separate fund records are maintained to record IMA activities. The management of the IMA's investment portfolio and the method used to determine investment returns available for spending are identical to those of the school. The value of the IMA's assets at June 30, 2013 was approximately $9.9 Million. The IMA's net of investment returns was -$745,959 for the year ended June 30, 2013. | Explanation |