CARLETON COLLEGE: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- CARLETON COLLEGE (EIN 41-0694747)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2013-05-24
- IRS object ID
- 201331489349300343
- Schema version
- 2010v3.4
- 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 M
- Schedule O
- Schedule R
- Reasonable Cause Explanation
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-24T11:51:10-07:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410694747 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARLETON COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CARL | NameControl |
| Phone | 5072224000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One North College Street | AddressLine1 |
| City | Northfield | City |
| State | MN | State |
| ZIP Code | 55057 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Frederick A Rogers | Name |
| Title | Vice President and Treasurer | Title |
| Phone | 5072224171 | Phone |
| Date Signed | 2011-12-31 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | X | AmendedReturn |
| Name Of Principal Officer Person | Steven Poskanzer | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One North College Street | AddressLine1 |
| City | Northfield | City |
| State | MN | State |
| ZIP Code | 55057 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 192389167 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.carleton.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1866 | YearFormation |
| State Legal Domicile | MN | StateLegalDomicile |
| Activity Or Mission Description | Carleton College is a small, private liberal arts college, located in Northfield, Minnesota, best known for its academic excellence and warm, welcoming campus community. Carleton offers 36 majors and 15 concentrations in the arts, humanities, natural sciences and social sciences. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 47 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 46 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2919 | TotalNbrEmployees |
| Total Nbr Volunteers | 4920 | TotalNbrVolunteers |
| Total Gross UBI | 200268 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -80901 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 49225028 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 39227643 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 96002650 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 99567815 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 8600620 | InvestmentIncomePriorYear |
| Investment Income Current Year | 20231811 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 2594668 | OtherRevenuePriorYear |
| Other Revenue Current Year | 4128326 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 156422966 | TotalRevenuePriorYear |
| Total Revenue Current Year | 163155595 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 28022026 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 29572953 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 64248034 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 66251277 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 3646300 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 49001207 | OtherExpensePriorYear |
| Other Expenses Current Year | 50308784 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 141271267 | TotalExpensesPriorYear |
| Total Expenses Current Year | 146133014 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 15151699 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 17022581 | RevenuesLessExpensesCY |
| Total Assets BOY | 907853562 | TotalAssetsBOY |
| Total Assets EOY | 1020520263 | TotalAssetsEOY |
| Total Liabilities BOY | 172833223 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 167410837 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 735020339 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 853109426 | NetAssetsOrFundBalancesEOY |
| Mission Description | Carleton College's mission is to provide an exceptional undergraduate liberal arts education. The College is devoted to academic excellence, distinguished by the creative interplay of teaching, learning, and scholarship and is dedicated to a diverse residential community and extensive international engagements. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 79562909 | Expense |
| Grants | 29572953 | Grants |
| Revenue | 81791972 | Revenue |
| Description | Instruction - Carleton College exists to provide a high quality liberal arts education for young women and men, preparing them for leadership in their communities, countries and the world. A Student-Faculty Ratio of 9:1 supports them with classroom, laboratory, off-campus study and research opportunities. Average class size is 18. 74% of the graduation class of 2011 participated in a study abroad program during their Carleton experience. (1956 students) Student Financial Aid Programs - Carleton meets 100% of the financial need of all admitted students to ensure affordability and accessibility; achieve cultural, racial, ethnic and socioeconomic diversity; and to fund the school's growing commitment to globalization (1227 students) | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 17960311 | Expense |
| Grants | 0 | Grants |
| Revenue | 17775843 | Revenue |
| Description | Auxiliary Enterprises - Carleton College maintains a rural residential campus to enhance the educational experience of the student body with room and board programs designed to encourage a spirit of collegiality and conversation beyond the classroom and laboratory (1741 students) | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 14513427 | Expense |
| Grants | 0 | Grants |
| Revenue | 0 | Revenue |
| Description | Student Services Programs: Programs designed to support the Carleton College student life experience including co-curricular and recreational opportunities (1950 students) | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 13742612 | Expense |
| Grants | 0 | Grants |
| Revenue | 0 | Revenue |
| Description | Academic Support programs enhance the Carleton liberal arts experience with library and information technology resources. (1956 Students) | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 13742612 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 0 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 0 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 125779259 | 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 | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 1 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | 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 | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 1 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 494 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 2919 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | AS | NameOfForeignCountry |
| Name Of Foreign Country | AU | NameOfForeignCountry |
| Name Of Foreign Country | EI | NameOfForeignCountry |
| Name Of Foreign Country | FR | NameOfForeignCountry |
| Name Of Foreign Country | HK | NameOfForeignCountry |
| Name Of Foreign Country | JA | NameOfForeignCountry |
| Name Of Foreign Country | NL | NameOfForeignCountry |
| Name Of Foreign Country | NZ | NameOfForeignCountry |
| Name Of Foreign Country | SF | NameOfForeignCountry |
| Name Of Foreign Country | SN | NameOfForeignCountry |
| Name Of Foreign Country | SP | NameOfForeignCountry |
| Name Of Foreign Country | SW | NameOfForeignCountry |
| Name Of Foreign Country | SZ | NameOfForeignCountry |
| Name Of Foreign Country | UK | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 47 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 46 | 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 | CA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MN | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NH | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | WA | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Frederick A Rogers | NamePerson |
| Telephone Number | 5072225411 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One North College Street | AddressLine1 |
| City | Northfield | City |
| State | MN | State |
| ZIP Code | 55057 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (58 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | FormerFormer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|---|
| Steven G Poskanzer | |||||||||
| President | 60 | X | X | 154565 | 0 | 0 | |||
| Mark W Banks | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Carol A Barnett | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Danielle Bart | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Alan R Bauer | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| William C Craine | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Beth B Davis | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Nancy Pellowe Dennis | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| David M Diamond | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Arnold W Donald | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Jack W Eugster | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| William A Feldt | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Don J Frost Jr | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| William R Gage | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Maureen G Gupta | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| John Harris | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Sara L Hays | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Elise M Holschuh | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| James E Johnson | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Martha H Kaemmer | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Pamela Kiecker | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Arthur Kowaloff | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Leslie B Kautz | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Richard B Kracum | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Keith A Libbey | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Marilyn M McCoy | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| William R McLaughlin | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Robert W Nelson | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Mark Noel | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Gary T O'Brien | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Diane Harrison Ogawa | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Catherine J Pagila | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Elizabeth J Pennie | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Lawrence Perlman | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Jack W Schuler | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Margaret Simms | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Dave Smith | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| John H Stout | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Gary L Sundem | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Caesar F Sweitzer | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Paul T Van Valkenburg | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Kirk Weidner | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Wallace R Weitz | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Justin B Wender | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Mark R Williams | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Sidney C Wolff | |||||||||
| Trustee | 5 | X | 0 | 0 | 0 | ||||
| Robert A Oden | |||||||||
| President | 60 | X | X | 556681 | 0 | 0 | X | ||
| Frederick A Rogers | |||||||||
| Vice President and Tresurer | 50 | X | 268593 | 0 | 0 | ||||
| Kristine A Cecil | |||||||||
| Secretary/VP for External Relations | 50 | X | 131653 | 0 | 0 | X | |||
| Beverly Nagel | |||||||||
| Dean of the College | 50 | X | 210358 | 0 | 0 | ||||
| Gayle McJunkin | |||||||||
| Associate VP for External Relations | 50 | 152292 | 0 | 0 | X | ||||
| M H Wagner | |||||||||
| VP Student Development and Dean of Students | 50 | 174628 | 0 | 0 | X | ||||
| Paul Thiboutot | |||||||||
| VP and Dean of Admission/Financial Aid | 50 | 156016 | 0 | 0 | X | ||||
| Jason Matz | |||||||||
| Director of Investments | 50 | 268057 | 0 | 0 | X | ||||
| Andrew Christensen | |||||||||
| Director of Private Markets | 50 | 171565 | 0 | 0 | X | ||||
| Seth N Greenberg | |||||||||
| Professor of Psychology | 50 | 169012 | 0 | 0 | X | ||||
| Joel Weisberg | |||||||||
| Professor of Physics and Astronomy | 50 | 161354 | 0 | 0 | X | ||||
| Joel Cooper | |||||||||
| Director of Information Technology Services | 50 | 144991 | 0 | 0 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2719765 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 96 | 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 | Address Line2AddressOfContractor/AddressUS/AddressLine2 |
|---|---|---|---|---|---|---|
| Bon Appetit | ||||||
| 100 Hamilton Avenue Suite 400 | Palo Alto | CA | 94301 | Food Service | 7032338 | |
| McGough Contruction Co Inc | ||||||
| 2737 Faiview Avenue North | St Paul | MN | 551131372 | Construction contractor | 6158519 | |
| Northfield Construction | ||||||
| 1600 Riverview Lane | Northfield | MN | 55057 | Construction contractor | 2258125 | |
| JE Dunn Construction | ||||||
| 9855 W 78th Street | Eden Prairie | MN | 55344 | Construction contractor | 1742208 | Suite 270 |
| Mavo Systems | ||||||
| 4330 Centerville Road | St Paul | MN | 551273676 | Environmental contractor | 1339058 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 35 | NumberOfContractorsGT100K |
| Federated Campaigns | 0 | FederatedCampaigns |
| Membership Dues | 0 | MembershipDues |
| Fundraising Events | 0 | FundraisingEvents |
| Related Organizations | 0 | RelatedOrganizations |
| Government Grants | 3253393 | GovernmentGrants |
| All Other Contributions | 35974250 | AllOtherContributions |
| Noncash Contributions | 263850 | NoncashContributions |
| Total Contributions | 39227643 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Comprehensive fee | Description |
| Business Code | 611310 | BusinessCode |
| Total Revenue Column | 99567815 | TotalRevenueColumn |
| Related Or Exempt Function Income | 99567815 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
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 | 99567815 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4204255 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $4,204,255 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1939 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,939 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 61163 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $61,163 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 233264 | Real |
| Personal | 0 | Personal |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 532610 | Real |
| Personal | 0 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -299346 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -299346 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 7505 | UnrelatedBusinessRevenue |
| Exclusion | -$306,851 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 41899316 | Securities |
| Other | 1827881 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 27443064 | Securities |
| Other | 258516 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 14456252 | Securities |
| Other | 1569365 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 16025617 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $16,025,617 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrbtns Rprtd Fundraising Events | 0 | CntrbtnsRprtdFundraisingEvents |
| Gross Sales Of Inventory | 1544277 | GrossSalesOfInventory |
| Cost Of Goods Sold | 999382 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 544895 | TotalRevenueColumn |
| Related Or Exempt Function Income | 544895 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| Summer Academic Programs | 611310 | 813373 | 813373 | 0 | $0 |
| Wind Turbine | 221000 | 192763 | 0 | 192763 | $0 |
| Other Auxiliary Enterprises | 900003 | 154636 | 154636 | 0 | $0 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2660842 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2660842 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 3821614 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 163155595 | TotalRevenueColumn |
| Related Or Exempt Function Income | 103741561 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 200268 | UnrelatedBusinessRevenue |
| Exclusion | $19,986,123 | 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 | 29572953 | Total |
| Program Services | 29572953 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2018435 | Total |
| Program Services | 366144 | ProgramServices |
| Management And General | 1652291 | 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 | 48004027 | Total |
| Program Services | 40492460 | ProgramServices |
| Management And General | 5386290 | ManagementAndGeneral |
| Fundraising | 2125277 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4403521 | Total |
| Program Services | 3571154 | ProgramServices |
| Management And General | 647183 | ManagementAndGeneral |
| Fundraising | 185184 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8503273 | Total |
| Program Services | 6767270 | ProgramServices |
| Management And General | 1321689 | ManagementAndGeneral |
| Fundraising | 414314 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3322021 | Total |
| Program Services | 2725949 | ProgramServices |
| Management And General | 463698 | ManagementAndGeneral |
| Fundraising | 132374 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1720939 | Total |
| Program Services | 1213594 | ProgramServices |
| Management And General | 454708 | ManagementAndGeneral |
| Fundraising | 52637 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 97754 | Total |
| Management And General | 97754 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 86744 | Total |
| Management And General | 86744 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2219061 | Total |
| Management And General | 2219061 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 86404 | Total |
| Program Services | 25469 | ProgramServices |
| Management And General | 58017 | ManagementAndGeneral |
| Fundraising | 2918 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4775480 | Total |
| Program Services | 3684613 | ProgramServices |
| Management And General | 834499 | ManagementAndGeneral |
| Fundraising | 256368 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1887096 | Total |
| Program Services | 1466209 | ProgramServices |
| Management And General | 420887 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Management And General | 0 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5178836 | Total |
| Program Services | 5105040 | ProgramServices |
| Management And General | 73796 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6219640 | Total |
| Program Services | 5814919 | ProgramServices |
| Management And General | 205507 | ManagementAndGeneral |
| Fundraising | 199214 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 489006 | Total |
| Program Services | 417668 | ProgramServices |
| Management And General | 47750 | ManagementAndGeneral |
| Fundraising | 23588 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2701682 | Total |
| Program Services | 2628677 | ProgramServices |
| Management And General | 73005 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8838082 | Total |
| Program Services | 8448134 | ProgramServices |
| Management And General | 389948 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 612992 | Total |
| Program Services | 308105 | ProgramServices |
| Management And General | 304887 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Food Service | 5908433 | 5908433 | 0 | 0 |
| Off Campus Studies | 4010179 | 4010179 | 0 | 0 |
| Membership fees | 276081 | 0 | 276081 | 0 |
| Faculty and staff recruitment | 266669 | 0 | 266669 | 0 |
| Other | 4933706 | 3252289 | 1426991 | 254426 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 146133014 | Total |
| Program Services | 125779259 | ProgramServices |
| Management And General | 16707455 | ManagementAndGeneral |
| Fundraising | 3646300 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 55078144 | BOY |
| EOY | 48884949 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41073523 | BOY |
| EOY | 33034539 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1661692 | BOY |
| EOY | 1773499 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8412078 | BOY |
| EOY | 8276396 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 952295 | BOY |
| EOY | 891238 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1779341 | BOY |
| EOY | 1793923 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 305543086 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 133738227 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 145460287 | BOY |
| EOY | 171804859 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 617591249 | BOY |
| EOY | 734633398 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35844953 | BOY |
| EOY | 19427462 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 907853562 | BOY |
| EOY | 1020520263 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11340691 | BOY |
| EOY | 18173026 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5402665 | BOY |
| EOY | 5355614 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6427087 | BOY |
| EOY | 4858460 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 122693505 | BOY |
| EOY | 110891662 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26969275 | BOY |
| EOY | 28132075 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 172833223 | BOY |
| EOY | 167410837 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 249873836 | BOY |
| EOY | 314688013 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 310427112 | BOY |
| EOY | 359613387 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 174719391 | BOY |
| EOY | 178808026 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 735020339 | BOY |
| EOY | 853109426 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 907853562 | BOY |
| EOY | 1020520263 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 17022581 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 101066506 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 1 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 1 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 1 | MailingsMembers |
| Mailings Members | $0 | MailingsMembersAmount |
| Publications Or Broadcast | 1 | PublicationsOrBroadcast |
| Publications Or Broadcast | $0 | PublicationsOrBroadcastAmount |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 1 | DirectContactLegislators |
| Direct Contact Legislators | $0 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | 1 | RalliesDemonstrations |
| Rallies Demonstrations | $350 | RalliesDemonstrationsAmount |
| Other Activities | 0 | OtherActivities |
| Total Lobbying Expenditures IIB | 350 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchC_P2B_S00_L01 | Identifier |
| Return Reference | Schedule C, Part II-B, Line 1 | ReturnReference |
| Explanation | Schedule C, Part II-B, Line 1 - The President, the Vice President and Treasurer, and the Office of College Relations occasionally contact legislators to express the College's views on pending legislation which would affect the College. Costs incurred in connection with these activities are insignificant and no separate account is made for these costs. In addition, students participate in a volunteer activity sponsored by the Minnesota Private Council (MPCC) called "Day at the Capital" to discuss the importance of the State Grant Program with representatives. Costs incurred by the College to support this program are de minimus. | Explanation |
Schedule D IRS990ScheduleD
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 263890 | RevenuesIncluded |
| Assets In Part X | 263850 | AssetsInPartX |
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 |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 582570193 | BeginningOfYearBalance |
| Contributions | 9469250 | Contributions |
| Investment Earnings Or Losses | 109737985 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 7355446 | GrantsOrScholarships |
| Other Expenditures | 24886524 | OtherExpenditures |
| Administrative Expenses | 3132695 | AdministrativeExpenses |
| End Of Year Balance | 666402763 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 540722300 | BeginningOfYearBalance |
| Contributions | 17555876 | Contributions |
| Investment Earnings Or Losses | 58848146 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 7240689 | GrantsOrScholarships |
| Other Expenditures | 24872470 | OtherExpenditures |
| Administrative Expenses | 2442970 | AdministrativeExpenses |
| End Of Year Balance | 582570193 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 670511423 | BeginningOfYearBalance |
| Contributions | 9766908 | Contributions |
| Investment Earnings Or Losses | -102669593 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 7585577 | GrantsOrScholarships |
| Other Expenditures | 26245329 | OtherExpenditures |
| Administrative Expenses | 3055532 | AdministrativeExpenses |
| End Of Year Balance | 540722300 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.33 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.67 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 1 | 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 | 3638077 | OtherCostOrOtherBasis |
| Book Value | 3638077 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 181420098 | OtherCostOrOtherBasis |
| Depreciation | 67303750 | Depreciation |
| Book Value | 114116348 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 86110070 | OtherCostOrOtherBasis |
| Depreciation | 66434477 | Depreciation |
| Book Value | 19675593 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 34374841 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 34374841 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 171804859 | 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 (7 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| Cash and Cash Equivalents | 47857533 | F |
| Fixed Income | 59618026 | F |
| Public Equities | 201691514 | F |
| Hedge Funds | 196509194 | F |
| Private Equity | 131536710 | F |
| Real Estate and Other Real Assets | 39988170 | F |
| Planned Gift Agreements and Other | 57432251 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 734633398 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Annuities Payable | $23,243,923 |
| Asset Retirement Obligation | $2,467,953 |
| Fair Value of Interest Rate SWAP | $2,420,199 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 28132075 | TotalOfAmounts |
| Total Revenue | 163155595 | TotalRevenue |
| Total Expenses | 146133014 | TotalExpenses |
| Excess Or Deficit For Year | 17022581 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 101181166 | NetUnrealizedGLOnInvestments |
| Donated Services And Facilities | 0 | DonatedServicesAndFacilities |
| Investment Expenses | 2219059 | InvestmentExpenses |
| Prior Period Adjustments | 0 | PriorPeriodAdjustments |
| Other | -$2,317,921 | OtherAmount |
| Total Adjustments | 101082304 | TotalAdjustments |
| Excess Or Deficit Per FS | 118104885 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 232430088 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 101181166 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 0 | DonatedSrvcAndUseOfFacilities |
| Recoveries Of Prior Year Grants | 0 | RecoveriesOfPriorYearGrants |
| Other Revenues | -33438665 | OtherRevenues |
| Revenue Not Rptd F990 | 67742501 | RevenueNotRptdF990 |
| Revenue Subtotal | 164687587 | RevenueSubtotal |
| Investment Expenses Not Included | 0 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | -1531992 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -1531992 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 163155595 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 114341001 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 0 | DonatedServicesUseOfFacilities |
| Prior Year Adjustments | 0 | PriorYearAdjustments |
| Losses Reported | 0 | LossesReported |
| Other Expenses Included | 0 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 114341001 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 2219060 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 29572953 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 31792013 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 146133014 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchD_P03_S00_L04 | Schedule D, Part III, Line 4 | Schedule D, Part III, Line 4 - Carleton's Art Collection is for student research and study including College archives of institutionally significant treasures and Library collections. |
| SchD_P05_S00_L04 | Schedule D, Part V, Line 4 | Endowment funds are to support grants to students and the program services of the College. |
| SchD_P10_S00_L02 | Schedule D, Part X, Line 2 | Schedule D, Part X - The College has adopted FASB Interpretation NO. 48 (FIN 48), Accounting for Uncertainty in Income Taxes, an interpretation of FAS No. 109, Accounting for Income Taxes. No adjustments to the financial statements were required as a result of the implementation of FIN 48. The College has no current obligation for unrelated business income tax. The College's federal and state returns are potentially open for examinations for the years 2007-2010. |
| SchD_P11_S00_L08 | Schedule D, Part XI, Line 8 | Schedule D, Part XI, Line 8 - Net Change in Annuity & Life Income Funds -$4,125,871, Unrealized Gain on Interest Rate Swap $260,159, Real estate rental expenses $548,409, Bookstore Cost of Good Sold $999,382. |
| SchD_P12_S00_L02d | Schedule D, Part XII, Line 2d | Net change in Annuity & Life Income Funds -$4,125,871; scholarships -$29,572,953; Unrealized gain on Interest Rate Swap $260,159 |
| SchD_P12_S00_L04b | Schedule D, Part XII, Line 4b | Rental expenses $532,610; Bookstore Cost of Good Sold $999,381. |
| SchD_P13_S00_L04b | Schedule D, Part XIII, Line 4b | Scholarships $29,572,953 |
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 College uses paper and broadcast media in solicitation of students. We publicize our nondiscriminatory policy in all printed brochures, magazines and application material and website information. |
| SchE_P01_S00_L06 | Schedule E, Part I, Line 6 | Carleton College participates in the Federal Student Financial Aid Program administered through the U.S. Department of Education. Carleton students receive funding from campus-based programs (Perkins, SEOG, and Federal Work Study) as well as Federal Pell Grants and Federal Student Loans. In addition, Carleton students receive funding via the Minnesota State Grant, Work-Study and SELF loan programs administered through the Minnesota Office of Higher Education. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (13 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Total ExpendituresTotalExpenditures | Specific Services ProvidedSpecificServicesProvided |
|---|---|---|---|---|---|
| Europe (including Iceland and Greenland) | 0 | 0 | Investments | 704000 | |
| East Asia and the Pacific | 0 | 0 | Program Services | 411271 | Studio Art in the South Pacific |
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | 400237 | The Political Economy of Spain and he European Union |
| East Asia and the Pacific | 0 | 0 | Program Services | 351713 | Chinese Studies in Tianjin |
| Central America and the Caribbean | 0 | 0 | Investments | 306000 | |
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | 297155 | Cross-cultural Psychology in Prague |
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | 288893 | New Media: Theory and Practice |
| East Asia and the Pacific | 0 | 0 | Program Services | 248887 | Comparative Welfare Systems and Social Safety Nets in Australia |
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | 236069 | Economics in Cambridge |
| Sub-Saharan Africa | 0 | 0 | Program Services | 217654 | Conservation and Development in Tanzania and Kenya |
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | 211777 | French studies in Paris |
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | 209612 | Spanish Studies in Madrid |
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | 167055 | English Theather and Literature in London |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Total Amount Spent | 4050323 | TotalAmountSpent |
| 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 | 1 | BoycottCountries |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Student Scholarships | TypeOfGrant |
| Number Of Recipients | 1250 | NumberOfRecipients |
| Amount Of Cash Grant | 29572953 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
| Method Of Valuation | Financial need | MethodOfValuation |
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 | Grants, scholarships, loans and work-study funds are awarded to students based on demonstrated financial need using nationally recognized needs analysis standards. | 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 |
| Payments For Use Of Residence | X | PaymentsForUseOfResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Personal Services | X | PersonalServices |
| 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 | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | 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 | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (13 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Steven G Poskanzer | |||||||||||||
| 152628 | 0 | 0 | 0 | 1937 | 0 | 15625 | 0 | 26545 | 0 | 196735 | 0 | 0 | 0 |
| Frederick A Rogers | |||||||||||||
| 237702 | 0 | 0 | 0 | 30891 | 0 | 24400 | 0 | 3000 | 0 | 295993 | 0 | 0 | 0 |
| Kristine A Cecil | |||||||||||||
| 102488 | 0 | 0 | 0 | 29165 | 0 | 13356 | 0 | 2042 | 0 | 147051 | 0 | 0 | 0 |
| Beverly Nagel | |||||||||||||
| 210007 | 0 | 0 | 0 | 351 | 0 | 20950 | 0 | 0 | 0 | 231308 | 0 | 0 | 0 |
| Gayle McJunkin | |||||||||||||
| 151941 | 0 | 0 | 0 | 351 | 0 | 15361 | 0 | 1500 | 0 | 169153 | 0 | 0 | 0 |
| M H Wagner | |||||||||||||
| 174277 | 0 | 0 | 0 | 351 | 0 | 17450 | 0 | 0 | 0 | 192078 | 0 | 0 | 0 |
| Paul Thiboutot | |||||||||||||
| 155665 | 0 | 0 | 0 | 351 | 0 | 16050 | 0 | 2000 | 0 | 174066 | 0 | 0 | 0 |
| Jason Matz | |||||||||||||
| 267706 | 0 | 0 | 0 | 351 | 0 | 24500 | 0 | 0 | 0 | 292557 | 0 | 0 | 0 |
| Andrew Christensen | |||||||||||||
| 171214 | 0 | 0 | 0 | 351 | 0 | 19000 | 0 | 0 | 0 | 190565 | 0 | 0 | 0 |
| Seth N Greenberg | |||||||||||||
| 168720 | 0 | 0 | 0 | 293 | 0 | 15900 | 0 | 750 | 0 | 185663 | 0 | 0 | 0 |
| Joel Weisberg | |||||||||||||
| 161062 | 0 | 0 | 0 | 293 | 0 | 13500 | 0 | 2800 | 0 | 177655 | 0 | 0 | 0 |
| Joel Cooper | |||||||||||||
| 144640 | 0 | 0 | 0 | 351 | 0 | 14984 | 0 | 2100 | 0 | 162075 | 0 | 0 | 0 |
| Robert A Oden | |||||||||||||
| 527061 | 0 | 0 | 0 | 29619 | 0 | 26950 | 0 | 60264 | 0 | 643894 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchJ_P01_S00_L01a | Schedule J, Part I, Line 1a | President Oden received the following non taxable benefits: residence on campus with the fair rental value of $24,797 based on six months of residency; maid/cleaning for personal portion of residence of $8,870. President Poskanzer received the following non taxable benefits: residence on campus with the fair rental value of $20,664 based on five months of residency; maid/cleaning for personal portion of the residence of $3,696. Vice President Rogers received taxable income of $20,664 for housing. |
| SchJ_P01_S00_L03 | Schedule J, Part I, Line 3 | The President's compensation id determined annually by the Executive Committee of the Board of Trustees. The committee uses a consulting firm to conduct an independent review of the President's compensation package. The review compares data from 16 of the College's peer institutions, as utilizing various salary surveys. The College uses the same consulting firm to review the following positions; Vice President and Treasurer, Vice President of External Relations, Dean of the College, Vice President and Dean of Admissions, Vice President and Dean of Students, Chief of Staff and the Director of Investments. The President submits his salary recommendations for these positions to the Executive Committee for approval. This process takes place annually; the review of all executive positions last took place in spring 2011. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)
| Business Name Line2IssuerName/BusinessNameLine2 | Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|---|
| Minnesota Higher Education Facilities Authority | ||||||||
| Series 6D | 410988525 | 60416HENO | 2005-04-13 | 31460000 | Retire Series 3L-1 and Series 4N | 1 | 0 | 0 |
| Minnesota Higher Education Facilities Authority | ||||||||
| Series 6T | 410988525 | 60416HNH3 | 2008-12-04 | 19294728 | Cassat and Memorial Hall construction | 0 | 0 | 0 |
| Minnesota Higher Education Facilities Authority | ||||||||
| Series 7D | 410988525 | 60416HRZ9 | 2010-06-29 | 31962105 | Weitz Center for Creativity rennovation and costruction | 0 | 0 | 0 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 28123498 | 0 | 31460000 | 0 | 0 | 28123498 | 336501 | 0 | 0 | 3000000 | 0 | 0 | 2008 | 0 | 1 | 1 | 1 |
| 0 | 0 | 19294728 | 0 | 0 | 0 | 291550 | 0 | 0 | 19003178 | 0 | 0 | 2011 | 0 | 0 | 1 | 1 |
| 0 | 0 | 31962105 | 0 | 0 | 0 | 337859 | 0 | 0 | 0 | 31624246 | 0 | 2011 | 0 | 0 | 1 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Term Of HedgeTermOfHedge | Superintegrated HedgeSuperintegratedHedge | Hedge TerminatedHedgeTerminated | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|---|---|---|
| Morgan Stanley Capital Services LLC | ||||||||
| 1 | 1 | 1 | 2022 | 0 | 0 | 0 | 0 | 1 |
| (no name) | ||||||||
| 1 | 0 | 0 | 0 | 0 | 0 | |||
| (no name) | ||||||||
| 0 | 0 | 0 | 0 | 0 | 0 | |||
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 75000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Appraised value | MethodOfDeterminingRevenues |
Art Historical Treasures ArtHistoricalTreasures
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 61750 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Appraised value | MethodOfDeterminingRevenues |
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 52000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Appraised value | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 251 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 2848969 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Market Value | MethodOfDeterminingRevenues |
Real Estate Residential RealEstateResidential
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1750000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Appraised value | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | Volunteer expense | 329 | 70027 | Actual |
| X | Jewerly | 1 | 75100 | Appraised value |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 4 | NumberOf8283Received |
| Any Property That Must Be Held | 1 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchM_P01_S00_L30b | Schedule M, Part I, Line 30b | The College received jewerly that it must hold for three years from the date of the initial contribution. |
| SchM_P01_S00_L32b | Schedule M, Part I, Line 32b | The College will retain an attorney for non cash real estate gifts and a broker for publicly traded securities, as needed. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| F990_P00_S00_L0B | Form 990, Header, Line B | An amended Form 990 was filed on 5/24/13 to reflect a no response to Part V, questions 5a and 5b regarding prohibited tax shelters. Carleton College was not a party to a prohibited tax shelter transaction during the year that would have required the filing of a Form 8886-T. |
| F990_P04_S00_L34 | Form 990, Part IV, Line 34 | Carleton is the beneficiary of charitable remainder trusts. The names, EIN, and addresses of the Trusts are not disclosed to protect the confidentiality of the contributor. |
| F990_P06_S0B_L11b | Form 990, Part VI, Section B, Line 11b | Management presented the 2010 Form 990 in its entirety to the Audit Committee of the Board of Trustees for their review prior to submitting it to the IRS. The 2010 Form 990 is also included on the Board of Trustees website and provided with the Board materials for all members reference. |
| F990_P06_S0B_L12c | Form 990, Part VI, Section B, Line 12c | Officers, trustees, and key employees are required to annually disclose interests that could give rise to conflict. Such interests include a list of family members, substantial business or investment holdings and other transactions or affiliations with businesses or other organizations. Transactions with parties with whom a conflicting interest exists may be undertaken only if all of the following are observed: 1) The conflicting interest is fully disclosed; 2) the person with the conflict of interest is excluded from the discussion and approval of such transaction; 3) a competitive bid for comparable valuation exists; and 4)the Audit Committee of the Board of Trustees has determined that the transaction is in the best interest of the organization. |
| F990_P06_S0B_L15 | Form 990, Part VI, Section B, Line 15 | The President's compensation is determined annually by the Executive Committee of the Board of Trustees. The committee uses a consulting firm to conduct an independent review of the President's compensation package. The review compares data from 16 of the College's peer institutions, as well as utilizing various salary surveys. The College uses the same consulting firm to review the following positions: Vice President and Treasurer, Vice President of External Relations, Dean of the College, Vice President and Dean of Admissions, Vice President and Dean of Students, Chief of Staff and Director of Investments. The President submits his salary recommendations for these positions to the Executive Committee for approval. This process takes place annually; the review of all executive positions look took place in Spring 2010. |
| F990_P06_S0C_L19 | Form 990, Part VI, Section C, Line 19 | Carleton's governing documents, Conflict of Interest policy, and Financial Statements are available on the organization's website and are available up request. |
| F990_P07_S0A_L01a | Form 990, Part VII, Section A, Line 1a | President Poskanzer joined Carleton in August 2010. |
| F990_P11_S00_L05 | Form 990, Part XI, Line 5 | Net Realized Gain $101,181,166; Investment expenses $2,219,059, Net Change in Annuity & Life Income Funds -$4,125,871; Unrealized Gain on Interest Rate SWAP $260,159; Rental Expenses $532,610; Bookstore COGS $999,382 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Trust Name Confidential | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | One North College Street | AddressLine1 |
| City | Northfield | City |
| State | MN | State |
| ZIP Code | 55057 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activity | Charitable Remainder Trusts | PrimaryActivity |
| Legal Domicile State | MN | 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 | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| 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 | 0 | 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 | 1 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Application for Extension of Time to File an Exempt Organization Return was filed requesting a 6 month extension allowing time for management, audit committee and trustee review. The Internal Revenue Service approved this request and extended the due date to February 15, 2012. | Explanation |