2014-11-12T17:16:11-06:00 2013-12-31 EISNERAMPER LLP 750 THIRD AVENUE NEW YORK NY 100172703 990 2013-01-01 133857105 ITHAKA HARBORS INC % CHRIS VANACORE ITHA 2125002600 151 East 61st Street Suite New York NY 10065 CHRIS VANACORE CONTROLLER 2125002600 2014-11-01 true JULIE FLOCH P00736879 2125002600 2013 2015-11-30 17:44:51Z KEVIN M GUTHRIE 151 EAST 61ST STREET NEW YORK CITY NY 10065 95350765 false X WWW.ITHAKA.ORG X 1995 NY ITHAKA HARBORS, INC. HELPS THE ACADEMIC COMMUNITY USE DIGITAL TECHNOLOGIES TO PRESERVE THE SCHOLARLY RECORD AND TO ADVANCE RESEARCH AND TEACHING IN SUSTAINABLE WAYS. 16 15 339 765884 -146853 2543714 3858367 63434221 69812813 4626599 11733329 845579 581294 71450113 85985803 0 0 0 0 30899057 33275843 0 0 130514 42009949 41452478 72909006 74728321 -1458893 11257482 129777446 151889404 56144758 63853088 73632688 88036316 X ITHAKA HARBORS, INC. IS A NOT-FOR-PROFIT ORGANIZATION THAT HELPS THE ACADEMIC COMMUNITY USE DIGITAL TECHNOLOGIES TO PRESERVE THE SCHOLARLY RECORD AND TO ADVANCE RESEARCH AND TEACHING IN SUSTAINABLE WAYS. WE PURSUE THIS MISSION BY PROVIDING INNOVATIVE SERVICES THAT AID IN THE ADOPTION OF THESE TECHNOLOGIES AND THAT CREATE LASTING IMPACT. WE CONDUCT RIGOROUS RESEARCH AND THINK CREATIVELY WITH OTHERS ABOUT THE IMPACT AND OPPORTUNITIES THAT ADVANCES IN DIGITAL TECHNOLOGY BRING TO THE ACADEMIC COMMUNITY; WE SHARE WHAT WE LEARN AS BROADLY AS POSSIBLE; AND, WHEN NEEDED, WE BUILD SCALABLE ENDURING SOLUTIONS. ITHAKA PURSUES ITS MISSION THROUGH THREE INNOVATIVE PROGRAM SERVICES: JSTOR; PORTICO; AND ITHAKA S+R. false false 61548443 63644276 JSTOR IS A NOT-FOR-PROFIT DIGITAL LIBRARY THAT PROVIDES ACCESS TO MORE THAN 2,000 SCHOLARLY JOURNALS, 29,000 BOOKS, AND MILLIONS OF PRIMARY SOURCE OBJECTS AND DOCUMENTS TO PEOPLE AROUND THE WORLD. JSTOR HELPS SCHOLARS, RESEARCHERS, AND STUDENTS DISCOVER, USE, AND BUILD UPON THIS WIDE RANGE OF CONTENT THROUGH A DYNAMIC ONLINE TEACHING, LEARNING AND RESEARCH PLATFORM, WHILE SERVING AS A DIGITAL ARCHIVE FOR PUBLISHERS AND LIBRARIES TO ENSURE THE CONTENT IS PRESERVED FOR FUTURE GENERATIONS. IN ADDITION TO THE PROGRAM SERVICE REVENUE OF $63,644,276 REPORTED ABOVE, ITHAKA RECEIVED GRANT REVENUE OF $1,188,938 ALLOCABLE TO JSTOR REPORTED ON PART VIII, LINE 1F. 5533195 5667905 PORTICO IS A NOT-FOR-PROFIT DIGITAL PRESERVATION SERVICE FOR ELECTRONIC JOURNALS, BOOKS, AND OTHER SCHOLARLY CONTENT THAT IS SUPPORTED BY A GLOBAL COMMUNITY OF HUNDREDS OF LIBRARIES AND ACADEMIC PUBLISHERS. PORTICO'S MISSION IS TO ENSURE THAT THESE MATERIALS REMAIN AVAILABLE TO THE SCHOLARLY COMMUNITY FOR THE LONG TERM. IN ADDITION TO THE PROGRAM SERVICE REVENUE OF $5,667,905 REPORTED ABOVE, ITHAKA RECEIVED GRANT REVENUE OF $106,600 ALLOCABLE TO PORTICO REPORTED ON PART VIII, LINE 1F. 2806000 500632 ITHAKA S+R IS A NOT-FOR-PROFIT RESEARCH AND CONSULTING SERVICE THAT HELPS ACADEMIC, CULTURAL, AND PUBLISHING ORGANIZATIONS THRIVE IN THE DIGITAL ENVIRONMENT. ITHAKA S+R IS FOCUSED ON THE TRANFORMATION OF SCHOLARSHIP AND TEACHING IN AN ONLINE ENVIRONMENT. IN ADDITION TO THE PROGRAM SERVICE REVENUE OF $500,632 REPORTED ABOVE, ITHAKA RECEIVED GRANT REVENUE OF $2,554,016 ALLOCABLE TO ITHAKA S+R REPORTED ON PART VIII, LINE 1F. 69887638 true true false false false false false false false true true true false false true true false true false true true false false false false false false false false true false false false false false false false false false false false false true false false false false true 22 0 true 339 true true true false false false false false false false false false X 16 15 false false false false false false false true true false false true true true true true true true true false MA NJ NY OR X CHRIS VANACORE 2123586483 2 RECTOR STREET NEW YORK NY 10006 X HENRY S BIENEN TRUSTEE / CHAIR 2.0 X X 5000 0 0 JUDITH SHAPIRO - TRUSTEE VICE-CHAIR (AS OF 6/23/13) 2.0 X X 0 0 PAUL BREST TO 62313 TRUSTEE/VICE CHAIR 2.0 X 0 0 WILLIAM G BOWEN TRUSTEE 2.0 X 0 0 IRA H FUCHS TRUSTEE 2.0 X 5000 0 SUSAN GIBBONS TRUSTEE 2.0 X 5000 0 CATHARINE BOND HILL TRUSTEE 2.0 X 5000 0 EUGENE Y LOWE JR TRUSTEE 2.0 X 5000 0 ALEXANDRA W LOGUE TRUSTEE 2.0 X 5000 0 W DRAKE MCFEELY TRUSTEE 2.0 X 5000 0 DAVID PAKMAN TRUSTEE 2.0 X 5000 0 MICHAEL H SCHILL TRUSTEE 2.0 X 0 0 JEFFREY A SINE TRUSTEE 2.0 X 0 0 STEPHEN M STIGLER TRUSTEE 2.0 X 5000 0 CHARLES M VEST TRUSTEE 2.0 X 0 0 HERBERT S WINOKUR JR TRUSTEE 2.0 X 5000 0 KEVIN M GUTHRIE TRUSTEE/PRESIDENT 40.0 X X 398685 30600 LAURA BROWN EVP, JSTOR MANAGING DIRECTOR 40.0 X 327453 30600 EILEEN FENTON EVP, CONTENT & TECHNOLOGY 40.0 X 244266 29520 NANCY KOPANS VP,GENERAL COUNSEL & SECRETARY 40.0 X 272271 30600 GERARD AURIGEMMA VP FINANCE/OPERATION/TREASURER 40.0 X 222013 27241 DEANNA MARCUM MANAGING DIRECTOR - S+R 40.0 X 249215 30000 MARY ROSE MUCCIE DIRECTOR OF CURRENT JOURNALS 40.0 X 195310 23649 ROBERT HETERICK VP, OUTREACH & PARTICIPATION 40.0 X 260299 25501 HEIDI BARTOLACCI VP,MARKETING & COMMUNICATIONS 36.0 X 186377 21293 FRANK SMITH DIRECTOR BOOKS AT JSTOR 40.0 X 234348 28008 KATE WITTENBERG MANAGING DIRECTOR - PORTICO 40.0 X 189897 22500 ALEX HUMPHREYS ASSOC. VP, PATFORM S+PLANNING 40.0 X 172788 21414 JABIN WHITE VP, CONTENT MANAGEMENT 40.0 X 213451 24680 JOHN LENAHAN ASSOC. VP, SALES/STRAT. PTRN 40.0 X 235003 22248 DALE MYERS VP, PLATFORM ENGINEERING & OPS 40.0 X 180971 21012 HEATHER JENSEN DEPUTY GENERAL COUNSEL 40.0 X 163544 19733 3795891 0 408599 78 false true false PRODUCT OPS 1347 PACIFIC AVENUE SANTA CURZ CA 950603940 SOFTWARE DEVELOPMENT 1952800 COGNIZANT TECHNOLOGY SOLUTIONS US C 24721 NETWORK PLACE CHICAGO IL 606731247 SOFTWARE DEVELOPMENT 1163939 EIT PROFESSIONALS 42180 FORD ROAD CANTON MI 48187 SOFTWARE DEVELOPMENT 812222 SOFTCOM SYSTEMS 475 WALL STREET PRINCETON NJ 08540 SOFTWARE DEVELOPMENT 743074 TEK SYSTEMS PO BOX 198568 ATLANTA GA 303848568 SOFTWARE DEVELOPMENT 477988 24 3858367 3858367 JSTOR 519100 63644276 63644276 PORTICO 519100 5667905 5667905 ITHAKA S+R 519100 500632 500632 69812813 11153213 11153213 0 0 0 0 0 9945078 9364962 580116 580116 580116 0 0 0 SHARED SERVICE FEES 519100 763505 763505 LOSS ON CURRENCY CONVERSION 900099 -184590 -184590 OTHER REVENUE 519100 2379 2379 581294 85985803 69812813 765884 11548739 0 0 0 0 2939328 2780133 63229 95966 0 21847604 20244218 1603386 2811457 2610194 189890 11373 3893448 3517823 358906 16719 1784006 1631154 146396 6456 0 465934 465934 121609 121609 0 0 0 6264965 6041853 223112 230062 230062 1276590 963013 313577 7103737 7062337 41400 0 2445051 2200546 244505 1753247 1702285 50962 0 346493 343735 2758 252578 252578 0 2507833 2273933 233900 207242 513 206729 JOURNAL ACQUISITION/SCANNING 3508738 3508738 COMMISSIONS 393673 392879 794 FEES AND PUBLISHER PAYMENTS 13577665 13577665 OTHER 997061 340623 656438 74728321 69887638 4710169 130514 1216 200 11391978 13837357 1414564 1505034 9078137 8608342 0 0 0 0 0 0 0 0 696337 1100031 28255397 19899523 3803684 8355874 0 0 102874627 117996587 0 0 0 0 516903 485979 129777446 151889404 21424828 24466743 0 0 22254811 29468314 0 0 0 0 0 0 10000000 8750000 0 0 2465119 1168031 56144758 63853088 X 71909158 85149968 1723530 2886348 0 0 73632688 88036316 129777446 151889404 11257482 3146146 X false true X true false X 522030 1435601 988956 2543714 3858367 9348668 47909305 52368086 57768409 63434221 69812813 291292834 0 0 0 48431335 53803687 58757365 65977935 73671180 300641502 0 5125223 3864160 13983744 9561845 8182335 40717307 5125223 3864160 13983744 9561845 8182335 40717307 259924195 2270087 3315881 4025345 4626599 11153213 25391125 0 2270087 3315881 4025345 4626599 11153213 25391125 1360901 1220910 1341313 930769 765884 5619777 270444 48440 6085 -85190 -182209 57570 52332767 58388918 64130108 71450113 85408068 331709974 0.78359 0.80457 0.07655 0.05795 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 49776204 6928376 56704580 43669855 6106349 49776204 44543475 -873620 43669855 39553171 4990304 44543475 35964380 -6288198 9876989 39553171 1.00000 false false 2046294 1797812 248482 26209103 18101711 8107392 8355874 TIFF MULTI-ASSET MUTUAL FUND 113717972 F VANGUARD BALANCED INDEX FUND 4278615 F 117996587 0 DEFERRED RENT 505086 CAPITAL LEASES PAYABLE 662945 1168031 X 90118291 3146146 986342 4132488 85985803 85985803 75714663 986342 986342 74728321 74728321 INTENDED USE OF BOARD DESIGNATED FUNDS ITHAKA'S BOARD OF TRUSTEES HAS DESIGNATED A PORTION OF FUNDS, AT ITS DISCRETION TO FUNCTION AS AN ENDOWMENT TO PROVIDE A RESERVE FOR THE LONG-TERM PRESERVATION, MAINTENANCE, AND SUPPORT OF THE ARCHIVE. INCOME TAX UNCERTAINTIES ITHAKA FOLLOWS THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD'S ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740-10-05 RELATING TO THE ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. FOR ITHAKA, THESE PROVISIONS COULD BE APPLICABLE TO THE INCURRENCE OF UNRELATED BUSINESS INCOME TAX ("UBIT") ATTRIBUTABLE TO ITHAKA'S SHARED SERVICES REVENUE. HOWEVER, DUE TO ITHAKA'S GENERAL TAX-EXEMPT STATUS, ASC TOPIC 740-10-05 HAS NOT HAD, AND IS NOT EXPECTED TO HAVE, A MATERIAL IMPACT ON ITHAKA'S CONSOLIDATED FINANCIAL STATEMENTS. ITHAKA IS NO LONGER SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES FOR YEARS PRIOR TO 2010. Europe (Including Iceland and Greenland) 1 1 Program Services business development 192754 East Asia and the Pacific 1 Program Services BUSINESS DEVELOPMENT 102075 1 2 1 2 294829 294829 false false false false false false X X X false true false false false false false false false KEVIN M GUTHRIE TRUSTEE/PRESIDENT 398685 0 0 0 30600 429285 0 LAURA BROWN EVP, JSTOR MANAGING DIRECTOR 327453 0 0 0 30600 358053 0 EILEEN FENTON EVP, CONTENT & TECHNOLOGY 244266 0 0 0 29520 273786 0 NANCY KOPANS VP,GENERAL COUNSEL & SECRETARY 257271 15000 0 0 30600 302871 0 GERARD AURIGEMMA VP FINANCE/OPERATION/TREASURER 222013 0 0 0 27241 249254 0 DEANNA MARCUM MANAGING DIRECTOR - S+R 249215 0 0 0 30000 279215 0 MARY ROSE MUCCIE DIRECTOR OF CURRENT JOURNALS 195310 0 0 0 23649 218959 0 ROBERT HETERICK VP, OUTREACH & PARTICIPATION 208646 51653 0 0 25501 285800 0 HEIDI BARTOLACCI VP,MARKETING & COMMUNICATIONS 171377 15000 0 0 21293 207670 0 FRANK SMITH DIRECTOR BOOKS AT JSTOR 234348 0 0 0 28008 262356 0 KATE WITTENBERG MANAGING DIRECTOR - PORTICO 182397 7500 0 0 22500 212397 0 ALEX HUMPHREYS ASSOC. VP, PATFORM S+PLANNING 172788 0 0 0 21414 194202 0 JABIN WHITE VP, CONTENT MANAGEMENT 205951 7500 0 0 24680 238131 0 JOHN LENAHAN ASSOC. VP, SALES/STRAT. PTRN 185563 49440 0 0 22248 257251 0 DALE MYERS VP, PLATFORM ENGINEERING & OPS 173471 7500 0 0 21012 201983 0 HEATHER JENSEN DEPUTY GENERAL COUNSEL 163544 0 0 0 19733 183277 0 FORM 990, SCHEDULE J, PART 1, LINE 4B ITHAKA MAINTAINS A SECTION 457(B) DEFERRED COMPENSATION PLAN FOR ELIGIBLE EMPLOYEES, AS DESIGNATED AND APPROVED BY ITHAKA'S BOARD OF TRUSTEES. UNDER THE TERMS OF THIS PLAN, ELIGIBLE EMPLOYEES MAY MAKE ELECTIVE DEFERRALS UP TO THE MAXIMUM AMOUNT PERMITTED BY LAW. ITHAKA DOES NOT CONTRIBUTE TO THIS PLAN. PROGRAM SERVICE ACCOMPLISHMENTS - JSTOR CONTINUED JSTOR GENERATES INCOME TO SUPPORT ITS SERVICES PRIMARILY THROUGH AN ARCHIVE CAPITAL FEE ("ACF") AND ANNUAL ACCESS FEES ("AAF"). AN ACF IS A ONE-TIME, NON-REFUNDABLE FEE CHARGED TO PARTICIPATING INSTITUTIONS THAT PROVIDES JSTOR WITH FUNDS FOR THE LONG-TERM PRESERVATION OF THE ARCHIVE AND OTHER MISSION-RELATED PURPOSES. AAF'S ARE CHARGED TO PARTICIPATING INSTITUTIONS TO COVER THE RECURRING COSTS OF UPDATING AND MAINTAINING THE JSTOR JOURNAL ARCHIVES. REVIEW PROCESS FOR TAX FILING OF FORM 990 THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE AND IT APPROVES RELEASE TO THE ENTIRE BOARD FOR AN OPPORTUNITY TO REVIEW PRIOR TO ELECTRONIC FILING OF THE FORM. CONFLICT OF INTEREST POLICY ITHAKA'S CONFLICTS OF INTEREST POLICY APPLIES TO ITS GOVERNING BOARD, CORPORATE OFFICERS, KEY EMPLOYEES, AND OTHERS REPRESENTING THE ORGANIZATION. MEMBERS OF ITHAKA'S GOVERNING BOARD ARE REQUIRED TO DISCLOSE ALL CONFLICTS OF INTEREST AT THE TIME THEY ARISE AND ANNUALLY VIA A WRITTEN DISCLOSURE PROCESS. THE AUDIT COMMITTEE IS CHARGED WITH REVIEWING CONFLICTS OF INTEREST TRANSACTIONS AND ASSOCIATED DECISIONS AND MAKING A DETERMINATION REGARDING ANY RESTRICTIONS TO BE IMPOSED ON THE TRANSACTION. ITHAKA'S OFFICERS AND KEY EMPLOYEES ARE LIKEWISE REQUIRED TO DISCLOSE TO THEIR SUPERVISORS PROMPTLY ALL CONFLICTS OF INTEREST THAT ARISE AND COMPLETE AN ANNUAL CONFLICTS OF INTEREST DISCLOSURE STATEMENT. COMPENSATION POLICY THE COMPENSATION AND BENEFITS COMMITTEE OF THE BOARD CONDUCTS AN ANNUAL REVIEW OF OFFICERS' COMPENSATION AND THE COMPENSATION OF HIGHLY PAID EMPLOYEES. AS PART OF THIS REVIEW, THE COMMITTEE REFERENCES AVAILABLE MARKET DATA FOR COMPARABLE POSITIONS AND INTERNAL EQUITY CONSIDERATIONS, AND IT UTILIZES AN ANALYSIS OF OFFICER SALARIES USING INDUSTRY BENCHMARKING DATA FROM SEVERAL SOURCES. THE REVIEW PROCESS COVERS ALL OFFICERS AND HIGHLY PAID EMPLOYEES. DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION ITHAKA'S FORM 990 AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FEES FOR SERVICES - OTHER FEES FOR SERVICES - OTHER AS REPORTED ON FORM 990, PART IX, LINE 11G REPRESENT THOSE COSTS INCURRED RELATED TO SOFTWARE DEVELOPMENT WHICH IS INTEGRAL TO ITHAKA'S VARIOUS PROGRAMS. FORM 8868 FORMS' 8868 APPLICATIONS FOR EXTENSION OF TIME AN EXEMPT ORGANIZATION RETURN WERE ELECTRONICALLY FILED. Ithaka International LLC 151 East 61st street new york NY 10065 BUS DEVLPMT DE 78909 ITHAKA HBRS