WORCESTER POLYTECHNIC INSTITUTE: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- WORCESTER POLYTECHNIC INSTITUTE (EIN 04-2121659)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-06
- IRS object ID
- 201421349349302947
- Schema version
- 2012v2.0
- 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 K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-06T15:53:44-07:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042121659 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Worcester Polytechnic Institute | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | WORC | NameControl |
| Phone | 5088315577 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 Institute Road | AddressLine1 |
| City | Worcester | City |
| State | MA | State |
| ZIP Code | 01609 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Jeffrey Solomon | Name |
| Title | Executive VP and CFO | Title |
| Phone | 5088315288 | Phone |
| Date Signed | 2014-05-09 | DateSigned |
| 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 | Jeffrey Solomon | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 Institute Road | AddressLine1 |
| City | Worcester | City |
| State | MA | State |
| ZIP Code | 01609 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 263984562 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.wpi.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1865 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | Worcester Polytechnic Institute was founded in 1865 to create and convey the latest science and engineering knowledge in ways that are most beneficial for society. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 32 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 27 | NbrIndependentVotingMembers |
| Total Nbr Employees | 3618 | TotalNbrEmployees |
| Total Nbr Volunteers | 605 | TotalNbrVolunteers |
| Total Gross UBI | 35675 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -85236 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 21507246 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 26201813 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 217347649 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 233093975 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 4330644 | InvestmentIncomePriorYear |
| Investment Income Current Year | 4688774 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 243185539 | TotalRevenuePriorYear |
| Total Revenue Current Year | 263984562 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 67228106 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 72843859 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 106549459 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 116749981 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 6138659 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 65613056 | OtherExpensePriorYear |
| Other Expenses Current Year | 76306407 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 239390621 | TotalExpensesPriorYear |
| Total Expenses Current Year | 265900247 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 3794918 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1915685 | RevenuesLessExpensesCY |
| Total Assets BOY | 745923526 | TotalAssetsBOY |
| Total Assets EOY | 818579977 | TotalAssetsEOY |
| Total Liabilities BOY | 274385674 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 308352501 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 471537852 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 510227476 | NetAssetsOrFundBalancesEOY |
| Mission Description | The university educates talented men and women in engineering, science, management, and humanities in preparation for careers of professional practice, civic contribution, and leadership, facilitated by active lifelong learning. This educational process is true to the founders' directive to create, to discover, and to convey knowledge at the frontiers of academic inquiry for the betterment of society. Knowledge is created and discovered in the scholarly activities of faculty and students ranging across educational methodology, professional practice, and basic research. Knowledge is conveyed through scholarly publication and instruction. Adopted by the Board of Trustees, May 22, 1987. (http://www.wpi.edu/about/mission.html) | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 184136333 | Expense |
| Grants | 70004125 | Grants |
| Revenue | 209358400 | Revenue |
| Description | The university provides education in the fields of science, technology, engineering and mathmatics to approximately 4,100 undergraduate and 2,200 graduate students. In addition, student housing and board auxiliary services) is provided for approximately 1,700 students. During fiscal year 2013, the university awarded 884 bachelor, 568 master and 41 PHD degrees. Students emerge from the university's unique experience ready to take on some of the most difficult challenges in science and technology. More importantly, they understand how their work can truly impact society and improve lives. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 5201599 | Expense |
| Revenue | 5769740 | Revenue |
| Description | The university's corporate and professional education division provides tailor-made programs to approximately 580 students, mainly at corporate client sites, using industry experts and dedicated program support staff. This practical approach adds value by providing clients with knowledge and skills that can be directly applied to their real-world job challenges. Additionally during fiscal year 2013, approximately 780 individuals participated in one or more professional workshops or short courses. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 20630093 | Expense |
| Grants | 2839734 | Grants |
| Revenue | 17858239 | Revenue |
| Description | At the university, 120 faculty members and 290 students are engaged in cutting-edge research across a broad range of disciplines. Funding for this research is mainly from the U.S. Government (National Science Foundation, Department of Defense, National Institute of Health and other federal agencies) as well as from corporations. Research at the univeristy has a decidedly applied focus, with work focused on problems that are both interesting and important. The result is new knowledge, new innovations, and technological advances that attack some of the major challenges of our time. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 0 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 0 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 0 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 209968025 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 1 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 1 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 1 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 1 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 5658 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 3618 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 32 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 27 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Charlene Bellows | NamePerson |
| Telephone Number | 5088315577 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 Institute Road | AddressLine1 |
| City | Worcester | City |
| State | MA | State |
| ZIP Code | 01609 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (46 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|---|
| Jennifer Davis Carey | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| Curtis Carlson | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| Richard Connelly Jr | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| Michael Dolan | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| Daniel Farrar | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| Henry Fitzgerald | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| William Fitzgerald | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| Warner Fletcher | ||||||||||
| Trustee | 0 | 0 | X | 0 | 0 | 0 | ||||
| Steven Halstedt | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| David Heebner | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| Debora Jackson | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| Stuart Kazin | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| Francesca Maltese | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| Robert Martin | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| Neil McDonough | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| Linda McGoldrick | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| John Mollen | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| Philip Morgan | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| George Oliver | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| Karen Tegan Padir | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| Donald Peterson | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| Stephen Rubin | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| Frederick Rucker | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| Philip Ryan | ||||||||||
| Trustee and Interim President | 2 | 0 | X | 0 | 0 | 0 | X | |||
| Stephen Spinelli Jr | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| Joan Bolduc Szkutak | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| Sophie Vandebroek | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| Richard Willett II | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| Dorothea Wong | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| Glenn Yee | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| Michael Zarrilli | ||||||||||
| Trustee | 2 | 0 | X | 0 | 0 | 0 | ||||
| Dennis Berkey | ||||||||||
| President | 40 | 1 | X | 798198 | 0 | 116896 | X | |||
| Jeffrey Solomon | ||||||||||
| Executive VP and CFO | 40 | 1 | 465721 | 0 | 110258 | X | ||||
| Stephanie Pasha | ||||||||||
| Secretary | 40 | 0 | 121100 | 0 | 18560 | X | ||||
| A Tracy Hassett | ||||||||||
| Assistant Secretary | 40 | 0 | 241090 | 0 | 56256 | X | ||||
| Charlene Bellows | ||||||||||
| Associate Treasurer | 40 | 1 | 111024 | 0 | 17540 | X | ||||
| Eric Overstrom | ||||||||||
| Provost and Senior VP Academic Affairs | 40 | 0 | 415416 | 0 | 94609 | X | ||||
| Stephen Flavin | ||||||||||
| VP Academic and Corporate Development | 40 | 0 | 355215 | 0 | 103998 | X | ||||
| Kristen Tichenor | ||||||||||
| Senior VP Enrollment Management | 40 | 0 | 333419 | 0 | 82023 | X | ||||
| Wiliam McAvoy | ||||||||||
| VP University Advancement | 40 | 0 | 277317 | 0 | 39395 | X | ||||
| Mark Rice | ||||||||||
| Dean School of Business | 40 | 0 | 383302 | 0 | 36151 | X | ||||
| Selcuk Guceri | ||||||||||
| Dean of Engineering | 40 | 0 | 360889 | 0 | 50049 | X | ||||
| Diran Apelian | ||||||||||
| Professor Mechanical Engineering | 40 | 0 | 318444 | 0 | 40227 | X | ||||
| Janet Richardson | ||||||||||
| VP Student Affairs and Campus Life | 40 | 0 | 312641 | 0 | 29843 | X | ||||
| Karen Oates Kashmanian | ||||||||||
| Dean of Arts and Sciences | 40 | 0 | 306589 | 0 | 32382 | X | ||||
| John Orr | ||||||||||
| Former Provost | 40 | 0 | 227293 | 0 | 30704 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 5027658 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 858891 | TotalOtherCompensation |
| Number Individuals GT100 K | 223 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Gilbane Building Company | |||||
| 7 Jackson Walkway | Providence | RI | 02903 | Construction management | 23339756 |
| Daniel O'Connell's Sons Inc | |||||
| 480 Hampden Street | Holyoke | MA | 01040 | Construction management | 14373887 |
| Chartwells Compass Group | |||||
| 2400 Yorkmont Road | Charlotte | NC | 28217 | Food service | 6394035 |
| Cutler Associates Inc | |||||
| 43 Harvard Street | Worcester | MA | 01609 | Construction management | 2212524 |
| Integration Partners Corporation | |||||
| 24 Hartwell Avenue | Lexington | MA | 02421 | Network services | 1794299 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 88 | NumberOfContractorsGT100K |
| Federated Campaigns | 0 | FederatedCampaigns |
| Membership Dues | 0 | MembershipDues |
| Fundraising Events | 0 | FundraisingEvents |
| Related Organizations | 0 | RelatedOrganizations |
| Government Grants | 6000946 | GovernmentGrants |
| All Other Contributions | 20200867 | AllOtherContributions |
| Noncash Contributions | 3712851 | NoncashContributions |
| Total Contributions | 26201813 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| Tuition and fees | 611600 | 188846887 | 188846887 | 0 | $0 |
| Auxiliary operations | 611600 | 22076326 | 22076326 | 0 | $0 |
| Sponsored research | 611600 | 17858239 | 17858239 | 0 | $0 |
| Other educational operations | 713940 | 2085438 | 1977842 | 107596 | $0 |
| Other operating sources | 611600 | 2227085 | 2227085 | 0 | $0 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 233093975 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4688026 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -71921 | UnrelatedBusinessRevenue |
| Exclusion | $4,759,947 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 748 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $748 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 0 | Securities |
| Other | 0 | Other |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrbtns Rprtd Fundraising Events | 0 | CntrbtnsRprtdFundraisingEvents |
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 263984562 | TotalRevenueColumn |
| Related Or Exempt Function Income | 232986379 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 35675 | UnrelatedBusinessRevenue |
| Exclusion | $4,760,695 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2819734 | Total |
| Program Services | 2819734 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 69716495 | Total |
| Program Services | 69716495 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 307630 | Total |
| Program Services | 307630 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4805777 | Total |
| Program Services | 692134 | ProgramServices |
| Management And General | 2740180 | ManagementAndGeneral |
| Fundraising | 1373463 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 89294369 | Total |
| Program Services | 71348479 | ProgramServices |
| Management And General | 14868500 | ManagementAndGeneral |
| Fundraising | 3077390 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6734432 | Total |
| Program Services | 5187909 | ProgramServices |
| Management And General | 1263507 | ManagementAndGeneral |
| Fundraising | 283016 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10312367 | Total |
| Program Services | 5880267 | ProgramServices |
| Management And General | 4169338 | ManagementAndGeneral |
| Fundraising | 262762 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5603036 | Total |
| Program Services | 4316331 | ProgramServices |
| Management And General | 1051236 | ManagementAndGeneral |
| Fundraising | 235469 | 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 | 844398 | Total |
| Program Services | 14557 | ProgramServices |
| Management And General | 829841 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 219692 | Total |
| Program Services | 7012 | ProgramServices |
| Management And General | 212555 | ManagementAndGeneral |
| Fundraising | 125 | Fundraising |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 316980 | Total |
| Management And General | 316980 | ManagementAndGeneral |
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 | 390000 | Total |
| Management And General | 390000 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9050796 | Total |
| Program Services | 7179601 | ProgramServices |
| Management And General | 1711558 | ManagementAndGeneral |
| Fundraising | 159637 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1638039 | Total |
| Program Services | 826175 | ProgramServices |
| Management And General | 803797 | ManagementAndGeneral |
| Fundraising | 8067 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4308508 | Total |
| Program Services | 992055 | ProgramServices |
| Management And General | 3294944 | ManagementAndGeneral |
| Fundraising | 21509 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8041155 | Total |
| Program Services | 7183498 | ProgramServices |
| Management And General | 854567 | ManagementAndGeneral |
| Fundraising | 3090 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3368478 | Total |
| Program Services | 2882394 | ProgramServices |
| Management And General | 335059 | ManagementAndGeneral |
| Fundraising | 151025 | 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 | 2845897 | Total |
| Program Services | 1884431 | ProgramServices |
| Management And General | 716099 | ManagementAndGeneral |
| Fundraising | 245367 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8626392 | Total |
| Program Services | 16 | ProgramServices |
| Management And General | 8626376 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16734239 | Total |
| Program Services | 14849778 | ProgramServices |
| Management And General | 1884461 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 605063 | Total |
| Program Services | 13742 | ProgramServices |
| Management And General | 591321 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Repairs and maintenace | 4546478 | 3995317 | 551046 | 115 |
| Lab equipment and other supplies | 4320226 | 3756637 | 496484 | 67105 |
| Research and teaching | 3226850 | 2786435 | 425114 | 15301 |
| Books and periodicals | 2153953 | 11069 | 2142884 | 0 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5069263 | Total |
| Program Services | 3316329 | ProgramServices |
| Management And General | 1517716 | ManagementAndGeneral |
| Fundraising | 235218 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 265900247 | Total |
| Program Services | 209968025 | ProgramServices |
| Management And General | 49793563 | ManagementAndGeneral |
| Fundraising | 6138659 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37914567 | BOY |
| EOY | 15896000 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13338338 | BOY |
| EOY | 13782713 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5880888 | BOY |
| EOY | 4257499 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23276970 | BOY |
| EOY | 23492228 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5388048 | BOY |
| EOY | 6706059 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 469875316 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 170705433 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 249316902 | BOY |
| EOY | 299169883 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 156442385 | BOY |
| EOY | 171022556 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 229154527 | BOY |
| EOY | 245991484 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25210901 | BOY |
| EOY | 38261555 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 745923526 | BOY |
| EOY | 818579977 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27075190 | BOY |
| EOY | 25892154 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9614646 | BOY |
| EOY | 9141621 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 184084861 | BOY |
| EOY | 226379246 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15718129 | BOY |
| EOY | 14218662 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37892848 | BOY |
| EOY | 32720818 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 274385674 | BOY |
| EOY | 308352501 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 234250258 | BOY |
| EOY | 256278090 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 92499607 | BOY |
| EOY | 102404135 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 144787987 | BOY |
| EOY | 151545251 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 471537852 | BOY |
| EOY | 510227476 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 745923526 | BOY |
| EOY | 818579977 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -1915685 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 35728487 | ReconciliationUnrealizedInvest |
| Reconcilation Donated Services | 0 | ReconcilationDonatedServices |
| Reconcilation Invest Expenses | 0 | ReconcilationInvestExpenses |
| Reconcilation Prior Adjustment | 0 | ReconcilationPriorAdjustment |
| Reconcilation Other Changes | 4876822 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | 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
Total Grassroots Lobbying TotalGrassrootsLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Total Direct Lobbying TotalDirectLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 316980 | FilingOrganizationsTotals |
Total Lobbying Expenditures TotalLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 316980 | FilingOrganizationsTotals |
Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 259785668 | FilingOrganizationsTotals |
Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 260102648 | FilingOrganizationsTotals |
Lobbying Nontaxable LobbyingNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 1000000 | FilingOrganizationsTotals |
Grassroots Nontaxable GrassrootsNontaxableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 250000 | FilingOrganizationsTotals |
Tot Lobbying Grassroot Minus Non Tx TotLobbyingGrassrootMinusNonTx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Tot Lobby Expend Mns Lobbying Nontx TotLobbyExpendMnsLobbyingNontx
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Totals | 0 | FilingOrganizationsTotals |
Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 1000000 | CurrentYearMinus3 |
| Current Year Minus2 | 1000000 | CurrentYearMinus2 |
| Current Year Minus1 | 1000000 | CurrentYearMinus1 |
| Current Year | 1000000 | CurrentYear |
| Total | 4000000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmount |
Total Lobbying Expenditures2 TotalLobbyingExpenditures2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 234371 | CurrentYearMinus3 |
| Current Year Minus2 | 296604 | CurrentYearMinus2 |
| Current Year Minus1 | 270677 | CurrentYearMinus1 |
| Current Year | 316980 | CurrentYear |
| Total | 1118632 | Total |
Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 250000 | CurrentYearMinus3 |
| Current Year Minus2 | 250000 | CurrentYearMinus2 |
| Current Year Minus1 | 250000 | CurrentYearMinus1 |
| Current Year | 250000 | CurrentYear |
| Total | 1000000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmount |
Grassroots Lobbying Expenditures GrassrootsLobbyingExpenditures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | 0 | CurrentYearMinus3 |
| Current Year Minus2 | 0 | CurrentYearMinus2 |
| Current Year Minus1 | 0 | CurrentYearMinus1 |
| Current Year | 0 | CurrentYear |
| Total | 0 | Total |
Schedule D IRS990ScheduleD
Held Works Of Art Amts HeldWorksOfArtAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 0 | AssetsInPartX |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 345205532 | BeginningOfYearBalance |
| Contributions | 6883711 | Contributions |
| Investment Earnings Or Losses | 37972313 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5305650 | GrantsOrScholarships |
| Other Expenditures | 12584345 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 372171561 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 360262058 | BeginningOfYearBalance |
| Contributions | 4575797 | Contributions |
| Investment Earnings Or Losses | -926220 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5507413 | GrantsOrScholarships |
| Other Expenditures | 13198690 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 345205532 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 298817690 | BeginningOfYearBalance |
| Contributions | 13864150 | Contributions |
| Investment Earnings Or Losses | 67761399 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 6117617 | GrantsOrScholarships |
| Other Expenditures | 14063564 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 360262058 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 279218880 | BeginningOfYearBalance |
| Contributions | 8973190 | Contributions |
| Investment Earnings Or Losses | 31544552 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 6424672 | GrantsOrScholarships |
| Other Expenditures | 14494260 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 298817690 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 368133078 | BeginningOfYearBalance |
| Contributions | 7107921 | Contributions |
| Investment Earnings Or Losses | -76056500 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 6325864 | GrantsOrScholarships |
| Other Expenditures | 13639755 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 279218880 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.44 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.335 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.225 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 7935320 | OtherCostOrOtherBasis |
| Book Value | 7935320 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 366110283 | OtherCostOrOtherBasis |
| Depreciation | 137007374 | Depreciation |
| Book Value | 229102909 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 14451810 | OtherCostOrOtherBasis |
| Depreciation | 6062912 | Depreciation |
| Book Value | 8388898 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 46682008 | OtherCostOrOtherBasis |
| Depreciation | 27635147 | Depreciation |
| Book Value | 19046861 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 34695895 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 34695895 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 299169883 | TotalOfBookValueLandBuildings |
Financial Derivatives FinancialDerivatives
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Closely Held Equity Interests CloselyHeldEquityInterests
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Other Securities OtherSecurities (6 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| Real estate | 28709520 | F |
| Private equity funds | 31757646 | F |
| Equity securities | 6305123 | F |
| Fixed income securities | 275807 | F |
| Equity funds | 127045717 | F |
| Fixed income funds | 51897671 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 245991484 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Split interest agreements | $10,671,704 |
| Funds held for others | $3,613,662 |
| Refundable government loan funds | $6,791,609 |
| Asset retirement obligations | $2,374,859 |
| Interest rate agreements | $9,268,984 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 32720818 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 232569644 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 35728487 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 0 | DonatedSrvcAndUseOfFacilities |
| Recoveries Of Prior Year Grants | 0 | RecoveriesOfPriorYearGrants |
| Other Revenues | -67143405 | OtherRevenues |
| Revenue Not Rptd F990 | -31414918 | RevenueNotRptdF990 |
| Revenue Subtotal | 263984562 | RevenueSubtotal |
| Investment Expenses Not Included | 0 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 0 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 263984562 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 193880432 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 0 | DonatedServicesUseOfFacilities |
| Prior Year Adjustments | 0 | PriorYearAdjustments |
| Losses Reported | 0 | LossesReported |
| Other Expenses Included | -72019815 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | -72019815 | ExpensesNotRptdF990 |
| Expenses Subtotal | 265900247 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 0 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 0 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 265900247 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchD_P03_S00_L01 | Schedule D, Part III, Line 1 | Due to the immateriality of the university's collections of art or historical treasures, these assets are not disclosed in the financial statements. |
| SchD_P03_S00_L04 | Schedule D, Part III, Line 4 | The university holds a Charles Dickens collection, a Bernard Brenner sculpture collection, a rare book and manuscript collection, as well as other works of art. These pieces are used by the faculty to further their research and curriculum. |
| SchD_P05_S00_L04 | Schedule D, Part V, Line 4 | The intended use of the endowment funds are to support the programs of the university, including scholarships, faculty teaching and research, library resources, maintenance, etc. |
| SchD_P10_S00_L02 | Schedule D, Part X, Line 2 | The university is generally exempt from federal and state income taxes. Management annually reviews for uncertain tax positions along with any related interest and penalties and believes that the university has no uncertain tax positions that would have a material adverse effect, individually or in the aggregate, upon the university's consolidated statements of financial position, or the related consolidated statements of activities, or cash flows. |
| SchD_P11_S00_L02d | Schedule D, Part XI, Line 2d | Net unrealized gain on beneficial interest in trusts, $1,179,788; Change in value of split-interest agreements, -$595,372; Net unrealized and realized gains on interest rate agreements, $2,276,304; Scholarships, -$70,004,125 |
| SchD_P12_S00_L02d | Schedule D, Part XII, Line 2d | Net realized loss on interest rate agreements, -$2,015,690; Scholarships, -$70,004,125 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchE_P01_S00_L03 | Schedule E, Part I, Line 3 | The university draws a substantial percentage of its students nationally and makes its racially non-discriminatory policy known to all segments of the general community it serves by including a statement of its racially non-discriminatory policy in all its brochures and catalogs dealing with student admissions, programs, and scholarships. |
| SchE_P01_S00_L06 | Schedule E, Part I, Line 6 | The university receives financial assistance from the U.S. Government in the form of 34A Title IV aid. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 1 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (8 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| Central America and the Caribbean | 2 | 1 | Program Services | Student projects in Panama and Costa Rica focus on environmental and civil engineering, environmental conservation and sustainable development. | 111000 |
| East Asia and the Pacific | 7 | 4 | Program Services | Student projects in Thailand, China, Japan, New Zealand and Australia involve addressing problems important to the local communities, inlcluding sustainable development, health and human services and environmental issues. | 507000 |
| Europe (including Iceland and Greenland) | 6 | 2 | Program Services | Student projects in Denmark, Hungary, Germany, Ireland, Italy and the United Kingdom focus on environmental, socioeconomic, artistic, cultural and technical concerns specific to the region. | 627000 |
| Middle East and North Africa | 1 | 0 | Program Services | Student projects in Morocco involve the study of islamic history and cultural and societal issues. | 31000 |
| Sub-Saharan Africa | 2 | 1 | Program Services | In South Africa and Namibia, student projects focus on sustainable development. | 112000 |
| North America (including Canada and Mexico, but not the United States) | 1 | 0 | Program Services | Student projects in Canada focus on the research and development of various sustainability topics in the buildings and infrastructure industry. | 20000 |
| Europe (including Iceland and Greenland) | 0 | 0 | Investments | Endowment investments | 58700000 |
| Central America and the Caribbean | 0 | 0 | Investments | Endowment investments | 37500000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 19 | TotalNumberOfOffices |
| Total Number Of Employees | 8 | TotalNumberOfEmployees |
| Total Amount Spent | 97608000 | TotalAmountSpent |
Grants To Orgs Outside US GrantsToOrgsOutsideUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | North America (including Canada and Mexico, but not the United States) | Region |
| Purpose Of Grant | Medical research | PurposeOfGrant |
| Amount Of Cash Grant | 20000 | AmountOfCashGrant |
| Manner Of Cash Disbursement | check | MannerOfCashDisbursement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of501c3 Orgs | 1 | TotalNumberOf501c3Orgs |
| Total Number Of Other Orgs | 0 | TotalNumberOfOtherOrgs |
Grants To Ind Outside US GrantsToIndOutsideUS (5 entries)
| Type Of AssistanceTypeOfAssistance | RegionRegion | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement |
|---|---|---|---|---|
| Scholarships | Central America and the Caribbean | 38 | 35440 | cash payment |
| Scholarships | East Asia and the Pacific | 56 | 60840 | cash payment |
| Scholarships | Europe (including Iceland and Greenland) | 96 | 147550 | cash payment |
| Scholarships | Middle East and North Africa | 11 | 8500 | cash payment |
| Scholarships | Sub-Saharan Africa | 30 | 35300 | cash payment |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 1 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 1 | OwnForeignCorp |
| Passive Foreign Invest Co | 1 | PassiveForeignInvestCo |
| Foreign Partnership | 1 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchF_P01_S00_L02 | Identifier |
| Return Reference | Schedule F, Part I, Line 2 | ReturnReference |
| Explanation | The university actively monitors all federally sponsored research grants through both its Office of Sponsored Programs (OSP) and its research accounting office. OSP is responsible for monitoring pre-award activities and certain post-award activities, such as human subject participation guidelines, animal research guidelines and export restrictions, among others. The research accounting office monitors all post-award financial activity, including allowability of costs and preparation and submission of required federal agency reports on grants. The university also undergoes an independent A-133 audit to ensure compliance with these requirements. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (21 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| Brown University | |||||||
| 75 Waterman St | Providence | RI | 02906 | 050258809 | 501 ( c ) ( 3 ) | 12028 | Research |
| Carnegie Mellon University | |||||||
| 500 Forbes Avenue | Pittsburgh | PA | 15213 | 250969449 | 501 ( c ) ( 3 ) | 29179 | Research |
| Clark University | |||||||
| 950 Main St | Worcester | MA | 01606 | 042111203 | 501 ( c ) ( 3 ) | 10295 | Research |
| Columbia University | |||||||
| PO Box 29789 General Post Office | New York | NY | 100879789 | 135598093 | 501 ( c ) ( 3 ) | 48431 | Research |
| Data Driven Instruction LLC | |||||||
| 730 Main St | Bolton | MA | 01740 | 454894325 | 17338 | Research | |
| Fire Protection Research Foundation | |||||||
| 1 Batterymatch Park | Quincy | MA | 02169 | 521256543 | 501 ( c ) ( 3 ) | 16009 | Research |
| Harvard University | |||||||
| 1350 Massachusetts Avenue | Cambridge | MA | 02138 | 042103580 | 501 ( c ) ( 3 ) | 10484 | Research |
| Hudson Public Schools | |||||||
| 155 Apsley Street | Hudson | MA | 01749 | 046001188 | 16874 | Research | |
| Kent State University | |||||||
| PO Box 5190 | Kent | OH | 442420001 | 316402079 | 501 ( c ) ( 3 ) | 209604 | Research |
| Medway Middle School | |||||||
| 45 Holliston Street | Medway | MA | 02053 | 046001217 | 17094 | Research | |
| Northeastern University | |||||||
| 360 Huntington Avenue | Boston | MA | 02115 | 041679980 | 501 ( c ) ( 3 ) | 106671 | Research |
| Reading Memorial High School | |||||||
| 82 Oakland Road | Reading | MA | 01867 | 046001277 | 17780 | Research | |
| Reliant Medical Group Inc | |||||||
| 640 Lincoln St | Worcester | MA | 01605 | 042472266 | 501 ( c ) ( 3 ) | 11505 | Research |
| Rice University | |||||||
| 6100 Main St MS 70 | Houston | TX | 77005 | 741109620 | 501 ( c ) ( 3 ) | 7918 | Research |
| Temple University | |||||||
| 1938 Liacouras Walk 2nd Floor | Philadelphia | PA | 191226027 | 231365971 | 501 ( c ) ( 3 ) | 1719232 | Research |
| Town of Reading | |||||||
| 82 Oakland Road | Reading | MA | 01864 | 046001277 | 101408 | Research | |
| Umass Donahue Institute | |||||||
| 100 Venture Way | Hadley | MA | 01035 | 043167352 | 501 ( c ) ( 3 ) | 72965 | Research |
| University of Illinois | |||||||
| 842 W Taylor St | Chicago | IL | 60607 | 376000511 | 501 ( c ) ( 3 ) | 71420 | Research |
| University of Mass Medical School | |||||||
| 55 Lake Ave North | Worcester | MA | 01655 | 043167352 | 501 ( c ) ( 3 ) | 50797 | Research |
| University of North Dakota | |||||||
| 264 Centennial Dr | Grand Forks | ND | 58202 | 456002491 | 501 ( c ) ( 3 ) | 116329 | Research |
| Washington University | |||||||
| 700 Rosedale Ave Box 1034 | St Louis | MO | 631121408 | 430653611 | 501 ( c ) ( 3 ) | 152604 | Research |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 15 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 6 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Scholarships | TypeOfGrant |
| Number Of Recipients | 3585 | NumberOfRecipients |
| Amount Of Cash Grant | 69716495 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchI_P01_S00_L02 | Identifier |
| Return Reference | Schedule I, Part I, Line 2 | ReturnReference |
| Explanation | The university actively monitors all federally sponsored research grants through both its Office of Sponsored Programs (OSP) and its research accounting office. OSP is responsible for monitoring pre-award activities and certain post-award activities, such as human subject participation guidelines, animal research guidelines and export restrictions, among others. The research accounting office monitors all post-award financial activity, including allowability of costs and preparation and submission of required federal agency reports on grants. The university also undergoes an independent A-133 audit to ensure compliance with these requirements. The university requires all students seeking need-based financial aid and scholarships to complete a financial aid application and the Free Application for Federal Student Aid (FAFSA) form. The university's financial aid staff are trained in the requirements of awarding Title IV funds to students and are required to adhere to these requirements. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Travel For Companions | X | TravelForCompanions |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 1 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 1 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (13 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dennis Berkey | ||||||||||||||
| President | 658998 | 0 | 139200 | 0 | 0 | 0 | 27615 | 0 | 89281 | 0 | 915094 | 0 | 0 | 0 |
| Jeffrey Solomon | ||||||||||||||
| Executive VP and CFO | 391792 | 0 | 73929 | 0 | 0 | 0 | 92020 | 0 | 18238 | 0 | 575979 | 0 | 55300 | 0 |
| A Tracy Hassett | ||||||||||||||
| Assistant Secretary | 219700 | 0 | 21390 | 0 | 0 | 0 | 44798 | 0 | 11458 | 0 | 297346 | 0 | 16000 | 0 |
| Eric Overstrom | ||||||||||||||
| Provost and Senior VP Academic Affairs | 415416 | 0 | 0 | 0 | 0 | 0 | 78287 | 0 | 16322 | 0 | 510025 | 0 | 0 | 0 |
| Stephen Flavin | ||||||||||||||
| VP Academic and Corporate Development | 355215 | 0 | 0 | 0 | 0 | 0 | 83160 | 0 | 20838 | 0 | 459213 | 0 | 0 | 0 |
| Kristen Tichenor | ||||||||||||||
| Senior VP Enrollment Management | 300833 | 0 | 32586 | 0 | 0 | 0 | 68985 | 0 | 13038 | 0 | 415442 | 0 | 24375 | 0 |
| Wiliam McAvoy | ||||||||||||||
| VP University Advancement | 277317 | 0 | 0 | 0 | 0 | 0 | 26702 | 0 | 12693 | 0 | 316712 | 0 | 0 | 0 |
| Mark Rice | ||||||||||||||
| Dean School of Business | 383302 | 0 | 0 | 0 | 0 | 0 | 23113 | 0 | 13038 | 0 | 419453 | 0 | 0 | 0 |
| Selcuk Guceri | ||||||||||||||
| Dean of Engineering | 360889 | 0 | 0 | 0 | 0 | 0 | 35161 | 0 | 14888 | 0 | 410938 | 0 | 0 | 0 |
| Diran Apelian | ||||||||||||||
| Professor Mechanical Engineering | 318444 | 0 | 0 | 0 | 0 | 0 | 27278 | 0 | 12949 | 0 | 358671 | 0 | 0 | 0 |
| Janet Richardson | ||||||||||||||
| VP Student Affairs and Campus Life | 157573 | 0 | 37632 | 0 | 117436 | 0 | 24261 | 0 | 5582 | 0 | 342484 | 0 | 0 | 0 |
| Karen Oates Kashmanian | ||||||||||||||
| Dean of Arts and Sciences | 306589 | 0 | 0 | 0 | 0 | 0 | 26798 | 0 | 5584 | 0 | 338971 | 0 | 0 | 0 |
| John Orr | ||||||||||||||
| Former Provost | 183310 | 0 | 43983 | 0 | 0 | 0 | 17787 | 0 | 12917 | 0 | 257997 | 0 | 32900 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchJ_P01_S00_L01a | Schedule J, Part I, Line 1a | The university has provided these benefits per written policies after full substantiation of the items. The following amounts are not included in compensation taxable to the employee: (a) Dennis Berkey: First class travel, $16,512; spousal travel for bona fide business purposes, $6,738; value of personal use of university provided housing, $47,199; and social club dues, $11,145. (b) Eric Overstrom: social club dues, $3,284. |
| SchJ_P01_S00_L04 | Schedule J, Part I, Line 4 | Line 4a - Janet Richardson's service ended in October 2012. Her agreement provides for 24 months of severance payments. During the fiscal year ended June 30, 2013, Ms. Richardson received severance in the amount of $225,436. President Dennis Berkey's service ended in May 2013. His agreement provides for 13 months of severance payments. During the fiscal year ended June 30, 2013, Dr. Berkey received severence in the amount of $47,500. Line 4b - The following excess retirement contributions were earned in calendar year 2012 and subject to a substantial risk of forfeiture until 6/30/15: (a) Jeffrey Solomon: $15,620; (b) Eric Overstrom: $13,750; (c) Stephen Flavin: $11,550; and (c) Kristin Tichenor: $4,400. |
| SchJ_P01_S00_L07 | Schedule J, Part I, Line 7 | The compensation committee of the university's Board of Trustees has a pay-for-performance compensation philosophy in determining executive compensation. The president is eligible for a performance incentive based on performance criteria set by the committee. In calendar year 2012, the payment was $139,200. Another plan that is part of the philosophy is the "VP Retention Plan". Each year, a vice president may earn up to 12.5% of salary and excess retirement contributions, subject to a three year risk of forfeiture. These amounts are all non-fixed payments. VP incentives earned during calendar year 2012 are included in deferred compensation as follows: (a) Jeffrey Solomon: $49,000; (b) Eric Overstrom: $37,500; (c) Stephen Flavin: $44,375; (d) Kristin Tichenor: $36,250; and (e) A Tracy Hassett: $21,000. Any additional amounts for excess retirement contributions are as disclosed, Schedule J, Part I, Line 4b. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (4 entries)
| Bond ReferenceBondReferenceCd | Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|---|
| Massachusetts Development Finance Agency | ||||||||
| A | 043431814 | 57583RNT8 | 2007-06-28 | 86922372 | Construction of a residence hall and refunding of Series 1997-I and II bonds. | 0 | 0 | 0 |
| Massachusetts Development Finance Agency | ||||||||
| B | 043431814 | 57583RTX3 | 2008-04-09 | 48995000 | Refunding of Series 2003 and 2005 bonds | 0 | 0 | 0 |
| Massachusetts Development Finance Agency | ||||||||
| C | 043431814 | 57583RS48 | 2010-01-27 | 56074338 | Construction of a recreation center and other renovations on the main campus | 0 | 0 | 0 |
| Massachusetts Development Finance Agency | ||||||||
| D | 043431814 | 57583UST6 | 2012-10-30 | 43369451 | Construction of a residence hall and other renovations on the main campus | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (4 entries)
| Bond ReferenceBondReferenceCd | Amount RetiredAmountRetired | Amount Bond DefeasedAmountBondDefeased | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Capitalized InterestCapitalizedInterest | Refunding EscrowRefundingEscrow | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Working Capital ExpendituresWorkingCapitalExpenditures | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Amount UnspentAmountUnspent | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 4310000 | 0 | 86984724 | 0 | 1379419 | 0 | 1120319 | 1013000 | 0 | 40019339 | 43452647 | 0 | 2008 | 1 | 0 | 1 | 1 |
| B | 1750000 | 0 | 48995000 | 0 | 0 | 0 | 325962 | 19038 | 0 | 0 | 48650000 | 0 | 2008 | 1 | 0 | 1 | 1 |
| C | 0 | 0 | 56087474 | 0 | 5808410 | 0 | 603996 | 0 | 0 | 49675098 | 0 | 0 | 2013 | 0 | 0 | 1 | 1 |
| D | 0 | 0 | 43371755 | 0 | 607269 | 0 | 530536 | 0 | 0 | 26869630 | 0 | 15364320 | 0 | 0 | 0 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Engage Bond Counsel ContractsEngageBondCounselContracts | Any Research AgreementsAnyResearchAgreements | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest | Change In Use Bond Financed PropChangeInUseBondFinancedProp | Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs | Engage Bond Counsel ResearchEngageBondCounselResearch |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 1 | 1 | 1 | 0 | 0.005 | 0 | 0.005 | 0 | 0 | 1 | |
| B | 0 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| C | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | ||
| D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiled | Rebate Not Due YetRebateNotDueYet | Exception To RebateExceptionToRebate | No Rebate DueNoRebateDue | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Written Proc To Monitor ReqsWrittenProcToMonitorReqs | Term Of HedgeTermOfHedge | Superintegrated HedgeSuperintegratedHedge | Hedge TerminatedHedgeTerminated |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (no name) | ||||||||||||
| A | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |||
| Deutsche & Barclays | ||||||||||||
| B | 0 | 0 | 1 | 0 | 1 | 1 | 0 | 0 | 1 | 26.8 | 0 | 0 |
| (no name) | ||||||||||||
| C | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | |||
| (no name) | ||||||||||||
| D | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | |||
Form990 Schedule K Part V Form990ScheduleKPartV (4 entries)
| Bond ReferenceBondReferenceCd | Proc To Undertk Corrective ActionProcToUndertkCorrectiveAction |
|---|---|
| A | 1 |
| B | 1 |
| C | 1 |
| D | 1 |
Form990 Schedule K Part VI Form990ScheduleKPartVI (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchK_P02_S00_L03 | Schedule K, Part II, Line 3 | For Bond Issues A, C, and D, total proceeds of issue include investment earnings of $62,352, $13,136 and $2,304, respectively. |
| SchK_P02_S00_L11 | Schedule K, Part II, Line 11 | For Bond Issues A and B, the other spent proceeds are the current refunding proceeds of the issue. |
| SchK_P04_S00_L02c | Schedule K, Part IV, Line 2c | For Bond Issue A, the rebate calculation was performed on August 24, 2012. |
Schedule K IRS990ScheduleK
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Interested Person | NA | NameOfInterestedPerson |
| Relationship With Organization | NA | RelationshipWithOrganization |
| Amount Of Grant | 2500 | AmountOfGrant |
| Type Of Assistance | Scholarship | TypeOfAssistance |
| Purpose Of Assistance | Merit | PurposeOfAssistance |
Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| TIAA CREF | |||
| Trustee Donald Peterson is a director of TIAA CREF. | 9955632 | TIAA CREF holds a portion of the assets of the university's defined contribution plan, including elective employee contributions. | 0 |
| The O'Connell Companies | |||
| Trustee Francesca Maltese is a shareholder of The O'Connell Companies. | 28546946 | During FY 2013, the university made payments of $29,122,078 to subsidiaries of The O'Connell Companies and received revenue of $575,132. The university paid $28,257,303 to Daniel O'Connell's Sons, Inc (DOC) for construction services. DOC is a subsidiary of The O'Connell Companies. The university paid $864,775 to 50 Prescott Street LLC: $100,522 for construction services and $764,253 for office space. The university received $575,132 in lease revenue from 50 Prescott Street LLC. O'Connell Development Group, a subsidiary of The O'Connell Companies, is the sole general manager and member of 50 Prescott Street LLC. | 0 |
| Simplex Grinnell | |||
| Trustee George Oliver is President and CEO of Tyco International, LTD. | 133237 | Simplex Grinnell is a subsidiary of Tyco International, LTD. During fiscal year 2013, the university made payments to Simplex Grinnell for fire protection services and systems. | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 84 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1848693 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | fair market value | MethodOfDeterminingRevenues |
Securities Closely Held Stock SecuritiesCloselyHeldStock
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 421833 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | fair market value | MethodOfDeterminingRevenues |
Securities Prtnrshp Trust Intrsts SecuritiesPrtnrshpTrustIntrsts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 7 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 188465 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | fair market value | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (5 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | Lab equipment | 4 | 445100 | cost |
| X | Software | 2 | 364911 | cost |
| X | General equipment | 13 | 260695 | cost |
| X | Supplies | 5 | 97462 | cost |
| X | Furniture and fixtures | 9 | 85692 | cost |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| F990_P06_S0B_L11b | Form 990, Part VI, Section B, Line 11b | Prior to filing Form 990, management reviews the completed Federal Form 990 with tax advisors from a national accounting firm and the audit committee of the Board of Trustees. After approval by the audit committee, management provides the form to all trustees for review prior to filing. |
| F990_P06_S0B_L12c | Form 990, Part VI, Section B, Line 12c | As part of the university's conflict of interest policy, all university trustees and key employees (as defined under IRS rules) are required to submit annually a conflict of interest disclosure statement, in which they affirm that they: (a) have received a copy of the university conflict of interest policy; (b) have read and understand the policy; (c) agree to comply with the policy and; (d) understand that the university, as a tax-exempt organization, must restrict it activities primarily to those for which its tax-exempt status was granted. Additionally, as part of the annual disclosure statement process, trustees and key employees of the university are asked to outline in a separate letter any possible conflict of interest and any signficant financial interest with the university or any university-related entity. All annual disclosure statements are submitted to the university compliance officer, who reviews them, consolidates the comments and presents a report to the audit committee. Upon receipt of the compliance officer's report, the audit committee reviews the findings and takes any necessary and appropriate action. The audit committee then reports to the Board of Trustees on the findings and any actions taken by the committee. Any trustee with a conflict of interest recuses himself or herself from any Board or committee decisions related to that conflict. |
| F990_P06_S0B_L15 | Form 990, Part VI, Section B, Line 15 | The process for determining compensation for the university's chief executive officer and other top management is modeled after the requirements in Internal Revenue Code Section 4958 to establish the presumption of reasonable compensation. Compensation is reviewed and approved by a compensation committtee of the Board of Trustees comprised of independent persons. By engaging an independent compensation consultant, the committee considers comparable market data from published surveys and Federal Form 990s of comparable organizations in evaluating the compensation for each individual. The committee conducts a review of this comparability data, sets compensation within a range of comparable organizations, and documents its deliberation and discussion in minutes that are retained with the other governance materials of the university. |
| F990_P06_S0C_L19 | Form 990, Part VI, Section C, Line 19 | The university maintains copies of its governing documents, conflict of interest policy, and financial statements on its website (www.wpi.edu). |
| F990_P11_S00_L09 | Form 990, Part XI, Line 9 | Net unrealized gain on beneficial interest in trusts, $1,179,788; Change in value of split-interest agreements, -$595,372; Net unrealized gains on interest rate agreements, $4,291,994; Other, $412 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Total IncomeTotalIncome | EOY AssetsEOYAssets | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| Newgate Properties LLC | |||||||||
| 100 Institute Road | Worcester | MA | 01609 | 203150492 | Real estate development | MA | 217343 | 33046739 | Worcester Polytechnic Institute |
| 75 Grove Street | |||||||||
| 100 Institute Road | Worcester | MA | 01609 | 260370842 | Real estate development | MA | 0 | 1771295 | Worcester Polytechnic Institute |
| Gateway Park LLC | |||||||||
| 100 Institute Road | Worcester | MA | 01609 | 043494779 | Real estate development | MA | 506913 | 7796199 | Worcester Polytechnic Institute |
| Lancaster Island LLC | |||||||||
| 100 Institute Road | Worcester | MA | 01609 | 001108846 | Real estate development | MA | 0 | 0 | Worcester Polytechnic Institute |
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Washburn Park Inc | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 Institute Road | AddressLine1 |
| City | Worcester | City |
| State | MA | State |
| ZIP Code | 01609 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 271189816 | EIN |
| Primary Activities | Parking garage facility | PrimaryActivities |
| Legal Domicile State | MA | LegalDomicileState |
| Exempt Code Section | 501 (c)(3) | ExemptCodeSection |
| Public Charity Status | Line 9 | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Worcester Polytechnic Institute | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | 1 | ControlledOrg |
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Charitable remainder trusts (33) | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 Institute Road | AddressLine1 |
| City | Worcester | City |
| State | MA | State |
| ZIP Code | 01609 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activity | Charitable trusts | PrimaryActivity |
| Legal Domicile State | MA | LegalDomicileState |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Type Of Entity | T | TypeOfEntity |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 1 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| Washburn Park Inc | ||
| d | 4950746 | Cost |
| Washburn Park Inc | ||
| k | 183600 | Fair market value |