EMERSON COLLEGE: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- EMERSON COLLEGE (EIN 04-1286950)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-09
- IRS object ID
- 201301299349300725
- Schema version
- 2011v1.5
- 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 D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-09T08:59:56-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 South Street | AddressLine1 |
| City | Boston | City |
| State | MA | State |
| ZIP Code | 02111 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 041286950 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EMERSON COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % JOHN DONOHOE | InCareOfName |
| Name Control | EMER | NameControl |
| Phone | 6178248500 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 120 BOYLSTON STREET | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 021164624 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MAUREEN MURPHY | Name |
| Title | VP ADMIN & FINANCE | Title |
| Date Signed | 2013-05-07 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6179881000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MAUREEN MURPHY | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 120 Boylston Street | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 021164624 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 180647574 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.EMERSON.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1880 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | EMERSON COLLEGE IS A FOUR-YEAR COLLEGE OFFERING DEGREES PRIMARILY IN THE FIELDS OF PERFORMING ARTS AND COMMUNICATIONS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 23 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 20 | NbrIndependentVotingMembers |
| Total Nbr Employees | 3045 | TotalNbrEmployees |
| Total Nbr Volunteers | 1172 | TotalNbrVolunteers |
| Total Gross UBI | 3679329 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -1573227 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 7110738 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 4789333 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 154557007 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 164627902 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2553144 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2230533 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 5957261 | OtherRevenuePriorYear |
| Other Revenue Current Year | 5654833 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 170178150 | TotalRevenuePriorYear |
| Total Revenue Current Year | 177302601 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 28469573 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 30913929 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 62214800 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 65970462 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1939990 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 72500691 | OtherExpensePriorYear |
| Other Expenses Current Year | 70857098 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 163185064 | TotalExpensesPriorYear |
| Total Expenses Current Year | 167741489 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 6993086 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 9561112 | RevenuesLessExpensesCY |
| Total Assets BOY | 588032944 | TotalAssetsBOY |
| Total Assets EOY | 647040422 | TotalAssetsEOY |
| Total Liabilities BOY | 239117002 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 291340223 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 348915942 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 355700199 | NetAssetsOrFundBalancesEOY |
| Mission Description | EMERSON COLLEGE IS A FOUR-YEAR COLLEGE OFFERING DEGREES PRIMARILY IN THE FIELDS OF PERFORMING ARTS AND COMMUNICATIONS. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 100500666 | Expense |
| Grants | 30913929 | Grants |
| Revenue | 134019674 | Revenue |
| Description | EMERSON COLLEGE PROVIDES UNDERGRADUATE AND GRADUATE PROGRAMS CHALLENGING THE STUDENTS TO THINK AND COMMUNICATE WITH CLARITY, SUBSTANCE AND INSIGHT. THE CURRICULUM INTEGRATES COMMUNICATION WITH LIBERAL ARTS AND EMPHASIZES A GLOBAL OUTLOOK AND PRACTICAL EXPERIENCE TO HELP DEVELOP THE INHERENT CAPACITIES OF EACH STUDENT. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 38487532 | Expense |
| Revenue | 32497551 | Revenue |
| Description | AUXILIARY ENTERPRISES PROVIDE SERVICES FOR THE STUDENTS AND TO ENSURE IT IS APPROPRIATELY SUPPORTED. THE SERVICES INCLUDE ROOM, BOARD AND THE BOOKSTORE. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 138988198 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | true | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | true | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | true | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 308 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 3045 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Name Of Foreign Country | NL | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 23 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 20 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | false | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| 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 | JOHN DONOHOE | NamePerson |
| Telephone Number | 6178248515 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 120 BOYLSTON STREET | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 021164624 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (38 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| E ALEXANDER | ||||||||
| MEMBER | 2.0 | X | 0 | 0 | 0 | |||
| K BRIGHT | ||||||||
| MEMBER | 20.0 | X | 83527 | 0 | 7500 | |||
| B BROWN | ||||||||
| MEMBER | 2.0 | X | 0 | 0 | 0 | |||
| V DI BONA | ||||||||
| VICE CHAIRMAN | 2.0 | X | 0 | 0 | 0 | |||
| R FRIEND | ||||||||
| MEMBER | 2.0 | X | 0 | 0 | 0 | |||
| L GERSH | ||||||||
| MEMBER | 2.0 | X | 0 | 0 | 0 | |||
| T GOLDMAN | ||||||||
| MEMBER | 2.0 | X | 0 | 0 | 0 | |||
| J GREENHAWT | ||||||||
| CHAIRMAN | 2.0 | X | 0 | 0 | 0 | |||
| G GROSSMAN | ||||||||
| MEMBER | 2.0 | X | 0 | 0 | 32128 | |||
| D HERZOG | ||||||||
| MEMBER | 2.0 | X | 0 | 0 | 0 | |||
| D HOLLOWAY | ||||||||
| MEMBER | 2.0 | X | 0 | 0 | 0 | |||
| J HURET | ||||||||
| MEMBER | 2.0 | X | 0 | 0 | 0 | |||
| A JAFFE | ||||||||
| MEMBER | 2.0 | X | 0 | 0 | 0 | |||
| R JANSSEN | ||||||||
| TREASURER | 2.0 | X | 0 | 0 | 0 | |||
| C MONTAN | ||||||||
| MEMBER | 2.0 | X | 0 | 0 | 0 | |||
| M MUTCHNICK | ||||||||
| MEMBER | 2.0 | X | 0 | 0 | 0 | |||
| L RASKY | ||||||||
| VICE CHAIRMAN | 2.0 | X | 0 | 0 | 0 | |||
| S SAMUELS | ||||||||
| VICE CHAIR | 2.0 | X | 0 | 0 | 0 | |||
| L SCHWARTZ | ||||||||
| MEMBER | 2.0 | X | 0 | 0 | 0 | |||
| M ZACHARIS | ||||||||
| SECRETARY | 2.0 | X | 0 | 0 | 0 | |||
| R COURTEMANCHE | ||||||||
| MEMBER | 2.0 | X | 0 | 0 | 0 | |||
| R WALKER II | ||||||||
| MEMBER | 2.0 | X | 0 | 0 | 0 | |||
| L PELTON | ||||||||
| PRESIDENT | 40.0 | X | 366106 | 0 | 55414 | X | ||
| L MOORE | ||||||||
| VP ACADEMIC AFFAIRS | 40.0 | 239450 | 0 | 27931 | X | |||
| W GILLIGAN | ||||||||
| VP INFO TECHNOLOGY | 40.0 | 226368 | 0 | 42818 | X | |||
| C HUGHES | ||||||||
| VP & GENERAL COUNSEL | 40.0 | 187181 | 0 | 26919 | X | |||
| MJ KNOLL FINN | ||||||||
| VP ENROLLMENT | 40.0 | 189713 | 0 | 35206 | X | |||
| A TIEDEMANN | ||||||||
| VP PUBLIC AFFAIRS | 40.0 | 182149 | 0 | 69932 | X | |||
| M MURPHY | ||||||||
| VP ADMIN & FINANCE | 40.0 | 312249 | 0 | 2935 | X | |||
| J SCHOENHERR | ||||||||
| VP DEVELOPMENT & ALUMNI | 40.0 | 0 | 0 | 0 | X | |||
| J DONOHOE | ||||||||
| AVP FOR FINANCE | 40.0 | 175246 | 0 | 40144 | X | |||
| J ANDERSEN | ||||||||
| DEAN | 40.0 | 172349 | 0 | 15839 | X | |||
| R ORCHARD | ||||||||
| EXECUTIVE DIRECTOR | 40.0 | 233871 | 0 | 21031 | X | |||
| J WACKS | ||||||||
| CHAIR VMA | 40.0 | 172106 | 0 | 15503 | X | |||
| D ROSEN | ||||||||
| SPECIAL ASSISTANT TO PRESIDENT | 40.0 | 175207 | 0 | 29975 | X | |||
| J LIEBERGOTT | ||||||||
| PRESIDENT | 0.0 | 567256 | 0 | 67642 | X | |||
| D ELLIS | ||||||||
| VP ADMIN & FINANCE | 0.0 | 192065 | 0 | 0 | X | |||
| R ASHTON | ||||||||
| VP INST. ADVANCEMENT | 0.0 | 122846 | 0 | 19105 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 3597689 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 510022 | TotalOtherCompensation |
| Number Individuals GT100 K | 74 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| MORPHOSIS | |||||
| 2041 COLORADO AVENUE | SANTA MONICA | CA | 90404 | ARCHITECTURE | 274575 |
| GOODWIN PROCTOR LLP | |||||
| EXCHANGE PLACE | BOSTON | MA | 02109 | LEGAL | 216659 |
| ARMBRUSTER GOLDSMITH DELVAC LLP | |||||
| PO BOX 2815 | CAMARILLO | CA | 930112815 | LEGAL | 220371 |
| SILVERMAN ASSOCAITES | |||||
| 106 FARLOW ROAD | NEWTON | MA | 02458 | CONSULTING | 459038 |
| KPMG LLP | |||||
| 60 SOUTH STREET | BOSTON | MA | 02111 | AUDIT | 180850 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 10 | NumberOfContractorsGT100K |
| Fundraising Events | 97463 | FundraisingEvents |
| Government Grants | 1606279 | GovernmentGrants |
| All Other Contributions | 3085591 | AllOtherContributions |
| Noncash Contributions | 86275 | NoncashContributions |
| Total Contributions | 4789333 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| TUITION & FEES | 611710 | 133285458 | 133285458 | |
| ROOM & BOARD | 611710 | 28464180 | 28464180 | |
| THEATER REVENUE | 531390 | 2878264 | 2878264 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 164627902 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1255097 | TotalRevenueColumn |
| Unrelated Business Revenue | -142 | UnrelatedBusinessRevenue |
| Exclusion | $1,255,239 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1924 | TotalRevenueColumn |
| Exclusion | $1,924 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2350000 | TotalRevenueColumn |
| Exclusion | $2,350,000 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 1983166 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 1280414 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 702752 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 702752 | TotalRevenueColumn |
| Exclusion | $702,752 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2877318 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1903806 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 973512 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 973512 | TotalRevenueColumn |
| Exclusion | $973,512 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 72304 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 97463 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 160753 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -88449 | TotalRevenueColumn |
| Exclusion | -$88,449 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| BOOKSTORE COMMISSION | 611710 | 147980 | 147980 | |
| SUMMER CONFERENCE | 531390 | 801207 | 801207 | |
| MISCELLANEOUS | 611710 | 1741343 | 1741343 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 2690530 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 177302601 | TotalRevenueColumn |
| Related Or Exempt Function Income | 163638961 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 3679329 | UnrelatedBusinessRevenue |
| Exclusion | $5,194,978 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29927279 | Total |
| Program Services | 29927279 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 986650 | Total |
| Program Services | 986650 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2335770 | Total |
| Program Services | 1882631 | ProgramServices |
| Management And General | 453139 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 50289655 | Total |
| Program Services | 39704240 | ProgramServices |
| Management And General | 9556604 | ManagementAndGeneral |
| Fundraising | 1028811 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3163598 | Total |
| Program Services | 2549860 | ProgramServices |
| Management And General | 613738 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6329989 | Total |
| Program Services | 4896316 | ProgramServices |
| Management And General | 1178518 | ManagementAndGeneral |
| Fundraising | 255155 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3851450 | Total |
| Program Services | 3104269 | ProgramServices |
| Management And General | 747181 | ManagementAndGeneral |
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 | 322611 | Total |
| Management And General | 322611 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 198829 | Total |
| Management And General | 198829 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 278950 | Total |
| Management And General | 278950 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4051037 | Total |
| Program Services | 3190417 | ProgramServices |
| Management And General | 767917 | ManagementAndGeneral |
| Fundraising | 92703 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1193724 | Total |
| Program Services | 962142 | ProgramServices |
| Management And General | 231582 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2981610 | Total |
| Program Services | 2367727 | ProgramServices |
| Management And General | 569899 | ManagementAndGeneral |
| Fundraising | 43984 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1253957 | Total |
| Program Services | 996501 | ProgramServices |
| Management And General | 239852 | ManagementAndGeneral |
| Fundraising | 17604 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7084318 | Total |
| Program Services | 5635337 | ProgramServices |
| Management And General | 1356396 | ManagementAndGeneral |
| Fundraising | 92585 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2409695 | Total |
| Program Services | 1882801 | ProgramServices |
| Management And General | 453180 | ManagementAndGeneral |
| Fundraising | 73714 | 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 | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10382512 | Total |
| Program Services | 8327014 | ProgramServices |
| Management And General | 2004269 | ManagementAndGeneral |
| Fundraising | 51229 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18353365 | Total |
| Program Services | 14719897 | ProgramServices |
| Management And General | 3543002 | ManagementAndGeneral |
| Fundraising | 90466 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2073844 | Total |
| Program Services | 1671518 | ProgramServices |
| Management And General | 402326 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| OTHER FOOD SERVICE | 5374172 | 4331583 | 1042589 | |
| OTHER OUTSIDE SERVICES | 6437949 | 5037702 | 1212549 | 187698 |
| RENOVATIONS/CONTRACTS MAINT. | 4070865 | 3281117 | 789748 | |
| ALL OTHER EXPENSES | 4389660 | 3533197 | 850422 | 6041 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 167741489 | Total |
| Program Services | 138988198 | ProgramServices |
| Management And General | 26813301 | ManagementAndGeneral |
| Fundraising | 1939990 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16887505 | BOY |
| EOY | 32870960 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2599586 | BOY |
| EOY | 2507709 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1123154 | BOY |
| EOY | 2108118 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2489460 | BOY |
| EOY | 2485587 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 297454 | BOY |
| EOY | 1284518 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 578134409 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 143983914 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 432547698 | BOY |
| EOY | 434150495 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 98548431 | BOY |
| EOY | 138420414 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31490209 | BOY |
| EOY | 30662076 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2049447 | BOY |
| EOY | 2550545 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 588032944 | BOY |
| EOY | 647040422 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16207859 | BOY |
| EOY | 20074527 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11613192 | BOY |
| EOY | 10778042 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 207341767 | BOY |
| EOY | 256533605 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3954184 | BOY |
| EOY | 3954049 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 239117002 | BOY |
| EOY | 291340223 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 322562302 | BOY |
| EOY | 329756664 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6667365 | BOY |
| EOY | 6233543 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19686275 | BOY |
| EOY | 19709992 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 348915942 | BOY |
| EOY | 355700199 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 588032944 | BOY |
| EOY | 647040422 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 9561112 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -2776855 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
| Contrib By Controlling Individual | false | ContribByControllingIndividual |
| Contribution By Related Party | false | ContributionByRelatedParty |
| Contrib By35 Controlled Entity | false | ContribBy35ControlledEntity |
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 D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 118988122 | BeginningOfYearBalance |
| Contributions | 1522529 | Contributions |
| Investment Earnings Or Losses | -853654 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 2592092 | GrantsOrScholarships |
| End Of Year Balance | 117064905 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 105776357 | BeginningOfYearBalance |
| Contributions | 1854285 | Contributions |
| Investment Earnings Or Losses | 13527183 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 2169703 | GrantsOrScholarships |
| End Of Year Balance | 118988122 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 48847969 | BeginningOfYearBalance |
| Contributions | 54196824 | Contributions |
| Investment Earnings Or Losses | 4501104 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1769540 | GrantsOrScholarships |
| End Of Year Balance | 105776357 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 60883032 | BeginningOfYearBalance |
| Contributions | 3568050 | Contributions |
| Investment Earnings Or Losses | -13415095 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1715628 | GrantsOrScholarships |
| End Of Year Balance | 49320359 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.80620 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.15790 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.03590 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 64709055 | OtherCostOrOtherBasis |
| Book Value | 64709055 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 431334582 | OtherCostOrOtherBasis |
| Depreciation | 99922729 | Depreciation |
| Book Value | 331411853 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 54721385 | OtherCostOrOtherBasis |
| Depreciation | 44061185 | Depreciation |
| Book Value | 10660200 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 27369387 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 27369387 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 434150495 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| REFUNDABLE ADVANCES GOVT GRANT | $1,204,791 |
| CAPITAL LEASE OBLIGATION | $2,749,258 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 3954049 | TotalOfAmounts |
| Total Revenue | 177302601 | TotalRevenue |
| Total Expenses | 167741489 | TotalExpenses |
| Excess Or Deficit For Year | 9561112 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -3055805 | NetUnrealizedGLOnInvestments |
| Investment Expenses | 278950 | InvestmentExpenses |
| Total Adjustments | -2776855 | TotalAdjustments |
| Excess Or Deficit Per FS | 6784257 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 175687963 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -3055805 | NetUnrealizedGainsInvestments |
| Other Revenues | 1441167 | OtherRevenues |
| Revenue Not Rptd F990 | -1614638 | RevenueNotRptdF990 |
| Revenue Subtotal | 177302601 | RevenueSubtotal |
| Total Revenue Per Form990 | 177302601 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 168903706 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 1441167 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 1441167 | ExpensesNotRptdF990 |
| Expenses Subtotal | 167462539 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 278950 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 278950 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 167741489 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| OTHER REVENUE INCLUDED ON RETURN NOT IN FINANCIAL STATEMENTS | Schedule D Part XII Line 2d | RENTAL EXPENSES $1,280,414 FUNDRAISING EXPENSES $160,753 TOTAL $1,441,167 |
| OTHER EXPENSES INCLUDED IN FINANCIAL STATEMENTS NOT ON RETURN | Schedule D Part XIII Line 2d | RENTAL EXPENSES $1,280,414 FUNDRAISING EXPENSES $160,753 TOTAL $1,441,167 |
| ENDOWMENT FUNDS | Schedule D PART V Line 4 | THE PURPOSE OF THE COLLEGE'S ENDOWMENT FUND IS TO SUPPORT THE EDUCATIONAL MISSION OF THE COLLEGE BY PROVIDING A RELIABLE SOURCE OF FUNDS FOR CURRENT AND FUTURE USE THROUGH QUARTERLY DRAWDOWNS. THE ENDOWMENT IS USED TO FUND SCHOLARSHIPS AND GRANTS AS WELL AS MAINTAINING COLLEGE FACILITIES AND PROGRAM SERVICES. |
| UNCERTAIN TAX POSITIONS | Schedule D Part X Line 2 | THE COLLEGE GENERALLY DOES NOT PROVIDE FOR INCOME TAXES SINCE IT IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ASC 740, INCOME TAXES, PERMITS AN ENTITY TO RECOGNIZE THE BENEFIT AND REQUIRES ACCRUAL OF AN UNCERTAIN TAX POSITION ONLY WHEN THE POSITION IS "MORE LIKELY THAN NOT" TO BE SUSTAINED IN THE EVENT OF EXAMINATION BY TAX AUTHORITIES. IN EVALUATING WHETHER A TAX POSITION HAS MET THE RECOGNITION THRESHOLD, THE COLLEGE MUST PRESUME THAT THE POSITION WILL BE EXAMINED BY THE APPROPRIATE TAXING AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. ASC 740 ALSO PROVIDES GUIDANCE ON THE RECOGNITION, MEASUREMENT, AND CLASSIFICATION OF INCOME TAX UNCERTAINTIES, ALONG WITH ANY RELATED INTEREST OR PENALTIES. TAX POSITIONS DEEMED TO MEET THE "MORE LIKELY-THAN-NOT" THRESHOLD ARE RECORDED AS A TAX EXPENSE IN THE CURRENT YEAR. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| NONDISCRIMINATORY POLICY | LINE 3 | THE COLLEGE'S NONDISCRIMINATORY POLICY IS PRINTED IN THE COLLEGE'S ADMISSION CATALOG AND THE COLLEGE'S WEBSITE. |
| FINANCIAL AID OR ASSISTANCE | LINE 6A | THE COLLEGE PARTICIPATES IN A NUMBER OF FEDERAL FINANCIAL PROGRAMS FOR ITS STUDENTS WHO HAVE FILED A FAFSA AND ARE ELIGIBLE FOR FEDERAL FINANCIAL AID. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | true | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (2 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | 1 | 26 | Program Services | SEMESTER ABROAD CLASS | 2087228 |
| Central America and the Caribbean | Investments | 20659730 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 1 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 26 | SubtotalNumberOfEmployees |
| Total Number Of Offices | 1 | TotalNumberOfOffices |
| Total Number Of Employees | 26 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 22746958 | SubtotalAmountSpent |
| Total Amount Spent | 22746958 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS (3 entries)
| Type Of AssistanceTypeOfAssistance | RegionRegion | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|---|
| EMERSON COLLEGE FUNDED SCHOLARSHIPS | Europe/Iceland/Greenland | 121 | 972376 |
| FEDERAL SCHOLARSHIPS | Europe/Iceland/Greenland | 21 | 7650 |
| STATE SCHOLARSHIPS | Europe/Iceland/Greenland | 12 | 6624 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | true | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | false | OwnForeignCorp |
| Passive Foreign Invest Co | false | PassiveForeignInvestCo |
| Foreign Partnership | false | ForeignPartnership |
| Boycott Countries | true | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | MONITOR THE USE OF GRANT FUNDS OUTSIDE THE U.S. | Identifier |
| Return Reference | PART I, LINE 2 | ReturnReference |
| Explanation | EMERSON COLLEGE AWARDS INSTITUTIONAL FINANCIAL ASSISTANCE PRIMARILY ON THE BASIS OF DEMONSTRATED FINANCIAL NEED. FEDERAL TYPES OF ASSISTANCE ARE ALSO AWARDED ON DEMONSTRATED FINANCIAL NEED. LIMITATIONS ON FUNDING LEVELS REQUIRE THE COLLEGE TO ADHERE STRICTLY TO APPLICATION DEADLINES. AWARDS INCLUDE SCHOLARSHIPS, ASSISTANTSHIPS AND SIMILAR PAYMENTS AND DISTRIBUTIONS. FEDERAL AND INSTITUTIONAL FORMULAS ARE UTILIZED IN CALCULATING A FAMILY CONTRIBUTION BASE ON INFORMATION PROVIDED ON THE PROFILES AND/OR FAFSA APPLICATIONS ALONG WITH SUPPORTING DOCUMENTATION (E.G. FEDERAL TAX RETURNS). THE EXPECTED FAMILY CONTRIBUTION IS BASED ON A REVIEW OF THE FAMILY'S RESOURCES FROM EXPECTED TAXED AND UNTAXED INCOME ALONG WITH ASSETS SUCH AS SAVINGS AND HOME EQUITY. THE FAMILY CONTRIBUTION IS DEDUCTED FROM THE STUDENT'S COST OF ATTENDANCE RESULTING IN THE FAMILY'S NEED. THE AMOUNT OF NEED A FAMILY DEMONSTRATES DETERMINES THE AMOUNT OF ASSISTANCE THEY MAY BE ELIGIBLE TO RECEIVE. STUDENTS WHO APPLY FOR FINANCIAL ASSISTANCE MUST BE MATRICULATED, DEGREE-SEEKING CANDIDATES ENROLLED AT LEAST PART-TIME (4 CREDITS). FEDERAL REGULATIONS SPECIFY THAT FEDERAL FINANCIAL AID RECIPIENTS MUST BE U.S. CITIZENS, U.S. NATIONALS, OR ELIGIBLE NON-CITIZENS (U.S. PERMANENT RESIDENTS WHO POSSESS AN ALIEN REGISTRATION CARD). ALL AID RECIPIENTS MUST MAINTAIN SATISFACTORY ACADEMIC PROGRESS AS OUTLINED IN THE EMERSON COLLEGE STUDENT HANDBOOK. STUDENTS RECEIVING FEDERAL STUDENT AID FOR THE FIRST TIME AFTER JULY 1, 1987, MUST HAVE A MINIMUM OF A "C" (2.0) AVERAGE BY THE END OF THEIR 2ND ACADEMIC YEAR OF STUDY. FINANCIAL AID RECIPIENTS MAY NOT BE IN DEFAULT ON ANY EDUCATIONS LOANS, OWE A REFUND ON ANY GRANT, OR DEMONSTRATE ANY UNWILLINGNESS TO REPAY ANY EDUCATIONAL LOAN. ACADEMIC SCHOLARSHIPS FUNDED BY THE COLLEGE DO NOT REQUIRE REPAYMENT. WORK STUDY IS AVAILABLE TO FULL TIME AND HALF TIME STUDENTS TO ENABLE THEM TO EARN MONEY FOR INCIDENTAL AND PERSONAL EXPENSES. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GOLF TOURNAMENT | NameOfEvent1 |
| Gross Receipts Event1 | 64000 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 33040 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 30960 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 4900 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 10000 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 4718 | FoodAndBeverageEvent1 |
| Name Of Event2 | PLOUGHSHARES | NameOfEvent2 |
| Gross Receipts Event2 | 59500 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 51880 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 7620 | GrossRevenueEvent2 |
| Non Cash Prizes Event2 | 499 | NonCashPrizesEvent2 |
| Entertainment Event2 | 350 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 18568 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 46267 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 12543 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 33724 | GrossRevenueOtherEvents |
| Cash Prizes Other Events | 750 | CashPrizesOtherEvents |
| Rent Facility Costs Other Events | 6160 | RentFacilityCostsOtherEvents |
| Food And Beverage Other Events | 82716 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 4245 | EntertainmentOtherEvents |
| Other Direct Expenses Other Events | 27847 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 169767 | GrossReceiptsTotal |
| Charitable Contributions Total | 97463 | CharitableContributionsTotal |
| Gross Revenue Total Events | 72304 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 750 | CashPrizesTotalEvents |
| Non Cash Prizes Total Events | 5399 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 16160 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 87434 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 4595 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 46415 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 160753 | DirectExpenseSummaryEvents |
| Net Income Summary | -88449 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (3 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| EMERSON COLLEGE FUNDED SCHOLARSHIPS | 2112 | 28621657 |
| FEDERAL SCHOLARSHIPS | 1095 | 799743 |
| STATE SCHOLARSHIPS | 332 | 505879 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | MONITOR THE USE OF GRANT FUNDS IN THE U.S. | Identifier |
| Return Reference | PART I, LINE 2 | ReturnReference |
| Explanation | EMERSON COLLEGE AWARDS INSTITUTIONAL FINANCIAL ASSISTANCE PRIMARILY ON THE BASIS OF DEMONSTRATED FINANCIAL NEED. FEDERAL TYPES OF ASSISTANCE ARE ALSO AWARDED ON DEMONSTRATED FINANCIAL NEED. LIMITATIONS ON FUNDING LEVELS REQUIRE THE COLLEGE TO ADHERE STRICTLY TO APPLICATION DEADLINES. AWARDS INCLUDE SCHOLARSHIPS, ASSISTANTSHIPS AND SIMILAR PAYMENTS AND DISTRIBUTIONS. FEDERAL AND INSTITUTIONAL FORMULAS ARE UTILIZED IN CALCULATING A FAMILY CONTRIBUTION BASE ON INFORMATION PROVIDED ON THE PROFILES AND/OR FAFSA APPLICATIONS ALONG WITH SUPPORTING DOCUMENTATION (E.G. FEDERAL TAX RETURNS). THE EXPECTED FAMILY CONTRIBUTION IS BASED ON A REVIEW OF THE FAMILY'S RESOURCES FROM EXPECTED TAXED AND UNTAXED INCOME ALONG WITH ASSETS SUCH AS SAVINGS AND HOME EQUITY. THE FAMILY CONTRIBUTION IS DEDUCTED FROM THE STUDENT'S COST OF ATTENDANCE RESULTING IN THE FAMILY'S NEED. THE AMOUNT OF NEED A FAMILY DEMONSTRATES DETERMINES THE AMOUNT OF ASSISTANCE THEY MAY BE ELIGIBLE TO RECEIVE. STUDENTS WHO APPLY FOR FINANCIAL ASSISTANCE MUST BE MATRICULATED, DEGREE-SEEKING CANDIDATES ENROLLED AT LEAST PART-TIME (4 CREDITS). FEDERAL REGULATIONS SPECIFY THAT FEDERAL FINANCIAL AID RECIPIENTS MUST BE U.S. CITIZENS, U.S. NATIONALS, OR ELIGIBLE NON-CITIZENS (U.S. PERMANENT RESIDENTS WHO POSSESS AN ALIEN REGISTRATION CARD). ALL AID RECIPIENTS MUST MAINTAIN SATISFACTORY ACADEMIC PROGRESS AS OUTLINED IN THE EMERSON COLLEGE STUDENT HANDBOOK. STUDENTS RECEIVING FEDERAL STUDENT AID FOR THE FIRST TIME AFTER JULY 1, 1987, MUST HAVE A MINIMUM OF A "C" (2.0) AVERAGE BY THE END OF THEIR 2ND ACADEMIC YEAR OF STUDY. FINANCIAL AID RECIPIENTS MAY NOT BE IN DEFAULT ON ANY EDUCATIONS LOANS, OWE A REFUND ON ANY GRANT, OR DEMONSTRATE ANY UNWILLINGNESS TO REPAY ANY EDUCATIONAL LOAN. ACADEMIC SCHOLARSHIPS FUNDED BY THE COLLEGE DO NOT REQUIRE REPAYMENT. WORK STUDY IS AVAILABLE TO FULL TIME AND HALF TIME STUDENTS TO ENABLE THEM TO EARN MONEY FOR INCIDENTAL AND PERSONAL EXPENSES. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | true | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (15 entries)
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| L PELTON | |||||||||||||
| 322367 | 0 | 0 | 0 | 43739 | 0 | 11025 | 0 | 44389 | 0 | 421520 | 0 | 0 | 0 |
| L MOORE | |||||||||||||
| 233053 | 0 | 0 | 0 | 6397 | 0 | 21116 | 0 | 6815 | 0 | 267381 | 0 | 0 | 0 |
| W GILLIGAN | |||||||||||||
| 214583 | 0 | 0 | 0 | 11785 | 0 | 26319 | 0 | 16499 | 0 | 269186 | 0 | 0 | 0 |
| C HUGHES | |||||||||||||
| 185475 | 0 | 0 | 0 | 1706 | 0 | 17104 | 0 | 9815 | 0 | 214100 | 0 | 0 | 0 |
| MJ KNOLL FINN | |||||||||||||
| 183263 | 0 | 0 | 0 | 6450 | 0 | 17050 | 0 | 18156 | 0 | 224919 | 0 | 0 | 0 |
| A TIEDEMANN | |||||||||||||
| 181244 | 0 | 0 | 0 | 905 | 0 | 16985 | 0 | 52947 | 0 | 252081 | 0 | 0 | 0 |
| M MURPHY | |||||||||||||
| 248850 | 0 | 0 | 0 | 63399 | 0 | 0 | 0 | 2935 | 0 | 315184 | 0 | 0 | 0 |
| J DONOHOE | |||||||||||||
| 164299 | 0 | 10000 | 0 | 947 | 0 | 20645 | 0 | 19499 | 0 | 215390 | 0 | 0 | 0 |
| J ANDERSEN | |||||||||||||
| 170046 | 0 | 0 | 0 | 2303 | 0 | 15304 | 0 | 535 | 0 | 188188 | 0 | 0 | 0 |
| R ORCHARD | |||||||||||||
| 227733 | 0 | 0 | 0 | 6138 | 0 | 20496 | 0 | 535 | 0 | 254902 | 0 | 0 | 0 |
| J WACKS | |||||||||||||
| 170263 | 0 | 0 | 1843 | 0 | 0 | 0 | 15503 | 0 | 187609 | 0 | 0 | 0 | |
| D ROSEN | |||||||||||||
| 157058 | 0 | 0 | 18149 | 0 | 14472 | 0 | 15503 | 0 | 205182 | 0 | 0 | 0 | |
| J LIEBERGOTT | |||||||||||||
| 506004 | 0 | 0 | 61252 | 0 | 29400 | 0 | 38242 | 0 | 634898 | 0 | 0 | 0 | |
| D ELLIS | |||||||||||||
| 0 | 0 | 0 | 192065 | 0 | 0 | 0 | 0 | 0 | 192065 | 0 | 0 | 0 | |
| R ASHTON | |||||||||||||
| 100200 | 0 | 0 | 0 | 22646 | 0 | 9300 | 0 | 9805 | 0 | 141951 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| FIRST CLASS TRAVEL | SCHEDULE J PART I LINE 1a | IN ACCORDANCE WITH COLLEGE POLICY, SOME EMERSON EMPLOYEES TRAVELLED FIRST CLASS TRAVEL BASED ON THE LENGTH OF THE FLIGHT OR WITH PRIOR APPROVAL FROM THE PRESIDENT AND IS TREATED AS NON TAXABLE INCOME. |
| SEVERANCE PAYMENT | SCEDULE J PART I LINE 4 | PER A CONTRACTUAL REQUIREMENT THERE WAS A SEVERANCE PAYMENT MADE TO D ELLIS OF $192,065. |
| HOUSING ALLOWANCE | SCHEDULE J PART I LINE 1a | IN ACCORDANCE WITH COLLEGE POLICY AND AS A CONDITION OF EMPLOYMENT, THE COLLEGE REQUIRED THE PRESIDENT TO LIVE IN A RESIDENCE OWNED BY THE COLLEGE DURING HIS TENURE AS PRESIDENT. THE PRESIDENTIAL RESIDENCE IS EXTENSIVELY USED FOR COLLEGE BUSINESS AND ONLY A PORTION OF THE RESIDENCE IS USED EXCLUSIVELY BY THE PRESIDENT. THE RESIDENCE IS CLEANED FOR COLLEGE EVENTS, THE VALUE OF WHICH IS SO SMALL AS TO MAKE IT ADMINISTRATIVELY IMPRACTICAL TO ACCOUNT FOR. THE VALUE OF SUCH HOUSING FOR CALENDAR 2011 IS INCLUDED IN NON TAXABLE BENEFITS, THE VALUE OF WHICH WAS BASED ON AN INDEPENDENT MARKET APPRAISAL. |
| TAX IDEMNIFICATIONS AND GROSS-UP PAYMENT | SCHEDULE J PART 1 LINE 1a | OCCASSIONALLY THE COLLEGE MAY PROVIDE CERTAIN PAYMENTS THAT HAVE BEEN GROSSED UP FOR TAX PURPOSES, WHICH ARE APPROVED BY THE BOARD OF TRUSTEES. THE BENEFIT IS TREATED AS TAXABLE COMPENSATION. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| MDFA-SERIES 2006 A | |||||||
| 043431814 | 57584NAQ6 | 2006-11-30 | 86527038 | DORMS/CLASSROOMS/OFFICE/THEATER | false | false | false |
| MDFA-SERIES 2010 A | |||||||
| 043431814 | 57583RY74 | 2010-06-24 | 124760655 | DORMS/CLASSROOMS/OFFICE/THEATER | false | false | false |
| CMFA-SERIES 2011 | |||||||
| 201563466 | 13048TMZ3 | 2011-12-08 | 55463072 | DORMS/OFFICES/CLASSROOMS/PARKING | false | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 11405000 | 0 | 86527038 | 0 | 0 | 0 | 687625 | 0 | 80975 | 85758438 | 0 | 0 | 2009 | false | false | true | true |
| 0 | 0 | 124760655 | 0 | 11721000 | 0 | 941526 | 0 | 67272 | 92633609 | 14751881 | 4645367 | 2012 | true | false | false | true |
| 0 | 0 | 55463072 | 0 | 4773867 | 0 | 621432 | 0 | 0 | 14098225 | 64085 | 35905463 | 2013 | false | false | false | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|
| false | false | false | false | 0.00000 | 0.00000 | 0.00000 | true |
| false | false | false | false | 0.00023 | 0.00000 | 0.00023 | true |
| false | false | false | false | 0.00000 | 0.00000 | 0.00000 | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Business Name Line1NameOfGICProvider/BusinessNameLine1 | Term Of GICTermOfGIC | Regulatory Safe Harbor SatisfiedRegulatorySafeHarborSatisfied | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|---|---|---|
| 0 | ||||||||
| true | false | false | true | HYPO PUBLIC FINANCE | 3. | true | true | false |
| 0 | ||||||||
| false | false | false | false | 0 | false | false | ||
| 0 | ||||||||
| false | false | false | false | 0 | false | false | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fed Tax Requirements Compliance | X | FedTaxRequirementsCompliance |
Form990 Schedule K Part VI Form990ScheduleKPartVI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | ADDITIONAL BOND INFORMATION | Identifier |
| Return Reference | SEE SCHEDULE O | ReturnReference |
Schedule L IRS990ScheduleL
Form990 Schedule L Part III Form990ScheduleLPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Interested Person | NA | NameOfInterestedPerson |
| Relationship With Organization | N/A | RelationshipWithOrganization |
| Amount Of Grant | 48192 | AmountOfGrant |
| Type Of Assistance | FINANCIAL AID | TypeOfAssistance |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest |
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 50 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
Clothing And Household Goods ClothingAndHouseholdGoods
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 100 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 5 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 78125 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MEAN VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | Equipment | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 8000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 1 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| USE OF THIRD PARTY TO SELL NONCASH CONTRIBUTIONS | PART I, 32A | THE COLLEGE USES A THIRD PARTY BROKERAGE FIRM TO SELL GIFTS OF STOCK UPON RECEIPT. |
| NUMBER OF CONTRIBUTIONS | PART I, COLUMN (B) | AMOUNTS IN COLUMN (B) REPRESENT THE NUMBER OF CONTRIBUTIONS. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| VOLUNTEERS | Part I Line 6 | THE COLLEGE IDENTIFIED THE AREAS AND DEPARTMENTS THAT USE VOLUNTEERS. DURING THE TAX YEARS. THESE DEPARTMENTS WERE ASKED TO ESTIMATE THE NUMBER OF VOLUNTEERS USED FOR THE VARIOUS PROGRAMS. THE TYPES OF SERVICES PROVIDED BY THESE VOLUNTEERS INCLUDE PHONE-A-THONS, ORIENTATION, CAMPUS TOUR GUIDES, AND INFORMATION SESSIONS. THE NUMBER DOES NOT INCLUDE MEMBERS OF THE GOVERNING BODY AND EMPLOYEES. |
| FORM 990 REVIEW | PART VI, SECTION B, LINE 11A | A DRAFT FORM 990 IS GIVEN TO THE AUDIT COMMITTEE FOR THEIR REVIEW. DURING THIS REVIEW, QUESTIONS REGARDING THE DRAFT FORM 990 ARE ANSWERED BY MANAGEMENT. CHANGES ARE MADE IF APPROPRIATE. THE FORM 990 IS THEN PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY BY WAY OF A SECURE, PASSWORD PROTECTED WEBSITE ON WHICH THE ENTIRE FORM 990 AND ALL REQUIRED SCHEDULES ARE AVAILABLE FOR REVIEW. ALL TRUSTEES ARE ASKED TO REVIEW THE FILING AND FORWARD ANY COMMENTS TO MANAGEMENT FOR CONSIDERATION AND DISCUSSION IF NECESSARY WITH THE TAX RETURN PREPARER, CURRENTLY KPMG. AT THE END OF THE REVIEW PERIOD, THE FINAL RETURN, AS IT WILL BE FILED WITH THE IRS, IS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY PRIOR TO FILING. |
| CONFLICT OF INTEREST POLICY | PART VI, SECTION B, LINES 12C | THE BY-LAWS OF THE BOARD OF TRUSTEES CONTAIN A WRITTEN CONFLICT OF INTEREST POLICY. MEMBERS OF THE BOARD ANNUALLY ACKNOWLEDGE RECEIPT OF, AND FAMILIARITY WITH, THE POLICY. WHEN A MEMBER OF THE BOARD DISCLOSES A POSSIBLE CONFLICT OF INTEREST, OR WHEN A POSSIBLE CONFLICT IS OTHERWISE IDENTIFIED, IT IS REFERRED TO THE PRESIDENT OF THE COLLEGE AND THE CHAIR OF THE BOARD OF TRUSTEES. THE CHAIR REVIEWS THE POSSIBLE CONFLICT OF INTEREST AND, IF WARRANTED, SELECTS AN AD HOC COMMITTEE TO REVIEW THE POSSIBLE CONFLICT OF INTEREST. THE PRESIDENT AND THE VICE PRESIDENT AND GENERAL COUNSEL OF THE COLLEGE PREPARE A MEMORANDUM DESCRIBING THE POTENTIAL CONFLICT OF INTEREST THAT IS SENT TO THE MEMBERS OF THE AD HOC COMMITTEE. THE MEMBERS OF THE AD HOC COMMITTEE MEET AND DETERMINE WHETHER TO PERMIT THE POTENTIAL CONFLICT OF INTEREST. |
| COMPENSATION | PART VI, SECTION B, LINE 15B | THE COLLEGE REVIEWED AND REVISED THE COMPENSATION PAID TO ITS PRESIDENT; VICE PRESIDENT FOR ACADEMIC AFFAIRS; VICE PRESIDENT FOR INFORMATION TECHNOLOGY; VICE PRESIDENT AND GENERAL COUNSEL; VICE PRESIDENT FOR INSTITUTIONAL ADVANCEMENT; VICE PRESIDENT FOR PUBLIC AFFAIRS; VICE PRESIDENT FOR ENROLLMENT MANAGEMENT. THE COLLEGE WAS ASSISTED THROUGHOUT THE PROCESS BY INDEPENDENT OUTSIDE COUNSEL EXPERIENCED WITH RESPECT TO THE APPLICABLE DUTIES AND REQUIREMENTS. AT THE OUTSET OF THE PROCESS, COUNSEL ADVISED THE BOARD MEMBERS IN WRITING AS TO THE APPLICABLE STANDARDS AND PROCEDURES. VICE PRESIDENT COMPENSATION RECOMMENDATIONS BY THE PRESIDENT WERE INITIALLY REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE COMMITTEE AND COUNSEL FIRST DETERMINED THAT NO MEMBER OF THE COMMITTEE HAD A CONFLICT OF INTEREST. THEN, THE PRESIDENT AND THE COMMITTEE CONSIDERED THE RESPONSIBILITIES OF EACH POSITION, THE COLLEGE'S NEEDS AND EXPECTATIONS WITH RESPECT TO EACH POSITION, THE JOB PERFORMANCE OF EACH VICE PRESIDENT, THE FINANCIAL HEALTH OF THE COLLEGE, AND COMPREHENSIVE COMPARABILITY DATA PROVIDED BY AN INDEPENDENT NATIONAL COMPENSATION CONSULTING FIRM. AFTER DISCUSSION, THE COMMITTEE APPROVED RECOMMENDED COMPENSATIONS TO BE SUBMITTED TO THE FULL BOARD OF TRUSTEES. THE PRESIDENT AND VICE PRESIDENT COMPENSATIONS WERE THEN CONSIDERED AT A MEETING OF THE FULL BOARD OF TRUSTEES. FIRST, COUNSEL AND THE TRUSTEES DETERMINED THAT NO TRUSTEE PRESENT AT THE MEETING HAD A CONFLICT OF INTEREST. THEN, IN THE BOARD'S CONSIDERATION OF THE PROPOSED COMPENSATIONS, THE TRUSTEES GAVE PARTICULAR ATTENTION TO THE RESPONSIBILITIES OF THE PRESIDENT AND EACH VICE PRESIDENT POSITION, THE COLLEGE'S NEEDS AND EXPECTATIONS WITH RESPECT TO EACH POSITION, THE FINANCIAL HEALTH OF THE COLLEGE, THE JOB PERFORMANCE OF THE PRESIDENT AND EACH VICE PRESIDENT, THE RECOMMENDATIONS OF THE PRESIDENT AND THE COMPENSATION COMMITTEE, AND THE COMPREHENSIVE COMPARABILITY DATA THAT WAS ALSO CONSIDERED BY THE PRESIDENT AND THE COMPENSATION COMMITTEE. AFTER DISCUSSION, THE BOARD OF TRUSTEES APPROVED COMPENSATION TERMS FOR THE PRESIDENT AND EACH VICE PRESIDENT. THE ABOVE PROCESS, INCLUDING IDENTIFICATION OF THE BOARD MEMBERS WHO WERE PRESENT AND APPROVED THE COMPENSATIONS, WAS DOCUMENTED IN THE MINUTES OF THE BOARD OF TRUSTEES MEETING. THESE MINUTES WERE THEN APPROVED AT THE NEXT BOARD OF TRUSTEES MEETING. |
| PUBLIC DISCLOSURE | PART VI, SECTION C, LINE 19 | EMERSON COLLEGE MAKES AVAILABLE FORM 990 AND FORM 990T UPON REQUEST. DURING THE YEAR, THE COLLEGE RECEIVES REGULAR REQUESTS FOR THE TAX DOCUMENTS AND THESE REQUESTS ARE NORMALLY FULFILLED WITHIN A DAY. THE COLLEGE MAKES AVAILABLE ITS GOVERNING DOCUMENTS (BY-LAWS) ON THE COLLEGE'S WEBSITE. THE COLLEGE MAKES AVAILABLE ON ITS WEBSITE ITS CONFLICT OF INTEREST POLICY. THE COLLEGE DOES NOT CURRENTLY MAKE ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. |
| OTHER CHANGES IN NET ASSETS | PART XI, LINE 5 | UNREALIZED LOSS ON INVESTMENTS $(2,776,855) |
| ADDITIONAL COMPENSATION INFORMATION | PART VII, SECTION A | K. BRIGHT RECEIVED COMPENSATION FOR BEING A FACULTY MEMBER OF THE COLLEGE, NOT IN HIS CAPACITY AS TRUSTEE. |
| SCHEDULE K, PART VI - SUPPLEMENTAL INFORMATION | PART I, LINE B | THE SERIES 2010A ISSUED BY THE MASSACHUSETTS DEVELOPMENT FINANCE AUTHORITY INCLUDED THE REFUNDING OF THE SERIES 1999A ISSUED 4/25/1999. PART II, LINE 11, COLUMN B THE AMOUNTS SPENT REPRESENT FUNDS USED TO REDEEM THE SERIES 1999A. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARITABLE REMAINDER UNITRUST | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activity | CRUT | PrimaryActivity |
| Legal Domicile State | MA | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | Trust | TypeOfEntity |
| Share Of EOY Assets | 173039 | ShareOfEOYAssets |
| Percentage Ownership | 0.72610 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |