SOKA UNIVERSITY OF AMERICA: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- SOKA UNIVERSITY OF AMERICA (EIN 95-3909672)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-07
- IRS object ID
- 201341279349301489
- 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 L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-07T17:57:45-05:00 | 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 | 355 S Grand Ave Suite 2000 | AddressLine1 |
| City | Los Angeles | City |
| State | CA | State |
| ZIP Code | 90071 | 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 | 953909672 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Soka University of America | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % ARCHIBALD ASAWA | InCareOfName |
| Name Control | SOKA | NameControl |
| Phone | 9494804000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 University Drive | AddressLine1 |
| City | Aliso Viejo | City |
| State | CA | State |
| ZIP Code | 92656 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | archibald asawa | Name |
| Title | vp, finance & cfo | Title |
| Date Signed | 2013-05-03 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2139724000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | YOSHINOBU HABUKI | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 University Drive | AddressLine1 |
| City | Aliso Viejo | City |
| State | CA | State |
| ZIP Code | 92656 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 295637078 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.soka.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1984 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | as a regionally accredited degree granting (M.A., B.A.) institution of higher education, this university's mission is to foster a steady stream of global citizens committed to living a contributive life. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 15 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 13 | NbrIndependentVotingMembers |
| Total Nbr Employees | 509 | TotalNbrEmployees |
| Total Nbr Volunteers | 175 | TotalNbrVolunteers |
| Total Gross UBI | -467978 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -970724 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 514266968 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 10400162 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 15662178 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 17238359 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 27067344 | InvestmentIncomePriorYear |
| Investment Income Current Year | 29511870 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 424958 | OtherRevenuePriorYear |
| Other Revenue Current Year | 764178 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 557421448 | TotalRevenuePriorYear |
| Total Revenue Current Year | 57914569 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 8304625 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 9877444 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 15742480 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 16467614 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 958888 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 27500333 | OtherExpensePriorYear |
| Other Expenses Current Year | 31238882 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 51547438 | TotalExpensesPriorYear |
| Total Expenses Current Year | 57583940 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 505874010 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 330629 | RevenuesLessExpensesCY |
| Total Assets BOY | 1418715717 | TotalAssetsBOY |
| Total Assets EOY | 1389184045 | TotalAssetsEOY |
| Total Liabilities BOY | 3409613 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 4210769 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1415306104 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1384973276 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | SOKA UNIVERSITY OF AMERICA (SUA) IS A PRIVATE, INDEPENDENT, NON-PROFIT, PUBLIC-BENEFIT, CO-EDUCATIONAL, COMPREHENSIVE INSTITUTION OF HIGHER LEARNING. FOUNDED ON THE BUDDHIST PRINCIPLES OF PEACE, HUMAN RIGHTS AND THE SANCTITY OF LIFE, SUA IS OPEN TO STUDENTS OF ALL NATIONALITIES AND BELIEFS AND IS COMMITTED TO DIVERSITY IN ITS ACADEMIC COMMUNITY. CURRENTLY, THE UNIVERSITY HAS OVER 420 STUDENTS, WITH APPROXIMATELY 40% COMING FROM OUTSIDE OF THE UNITED STATES, REPRESENTING OVER 30 DIFFERENT COUNTRIES. THE MISSION OF SOKA UNIVERSITY OF AMERICA IS TO FOSTER A STEADY STREAM OF GLOBAL CITIZENS COMMITTED TO LIVING A CONTRIBUTIVE LIFE. EMPHASIZING A NON-SECTARIAN AND HUMANISTIC CURRICULUM, THE UNIVERSITY STRIVES TO: - FOSTER LEADERS OF CULTURE IN THE COMMUNITY. - FOSTER LEADERS OF HUMANISM IN SOCIETY. - FOSTER LEADERS OF PACIFISM IN THE WORLD. - FOSTER LEADERS FOR THE CREATIVE COEXISTENCE OF NATURE AND HUMANITY. BASED ON THE SUA EDUCATIONAL PRINCIPLES, EDUCATION IS VIEWED AS AN INTEGRATING PROC | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 36577995 | Expense |
| Grants | 9877444 | Grants |
| Revenue | 16549717 | Revenue |
| Description | Bachelor of Arts in Liberal Arts : Bachelor of Arts Degree in the Liberal Arts with concentrations in environmental studies, humanities, international studies, and social and behavioral sciences (441 Students). | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 248830 | Expense |
| Description | Masters in TESOL : Master of Arts Degree in second and foreign language education with a concentration in teaching english to speakers of other languages (TESOL)-(3 students). | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2322412 | Expense |
| Revenue | 688642 | Revenue |
| Description | Pacific Basin Research Center and English as a Second Language ("ESL") Program Services (28 students). | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 39149237 | 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 | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | 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 | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | true | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | true | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | true | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | 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 | 111 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 509 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 15 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 13 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ARCHIBALD ASAWA | NamePerson |
| Telephone Number | 9494804000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 UNIVERSITY DRIVE | AddressLine1 |
| City | ALISO VIEJO | City |
| State | CA | State |
| ZIP Code | 926568081 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (26 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| STEPHEN S DUNHAM JD | ||||||||
| TRUSTEE-CHAIR | 1.0 | X | X | |||||
| TARIQ HASAN PHD | ||||||||
| TRUSTEE-VICE CHAIR | 1.0 | X | X | |||||
| YOSHIHISA BABA PHD | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| MATILDA BUCK | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| LAWRENCE E CARTER SR PHD | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| MARIA GUAJARDO PHD | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| CLOTHILDE V HEWLETT JD | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| LARRY A HICKMAN PHD | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| KRIS D KNUDSEN JD | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| KAREN K LEWIS PHD | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| DANIEL NAGASHIMA MBA | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| MITSUNARI OKAMOTO MBA | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| DAVID P ROSELLE PHD | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| KENJI YOSHIGO | ||||||||
| TRUSTEE | 1.0 | X | 0 | 123366 | 0 | |||
| PAULETTE BETHEL PHD | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| YOSHINOBU HABUKI | ||||||||
| PRESIDENT & PROF. OF ECONOMICS | 40.0 | X | 242500 | 0 | 34604 | |||
| DAVID M NAKABAYASHI | ||||||||
| CONTROLLER & ASST. TREASURER | 40.0 | X | 100800 | 0 | 16692 | |||
| TOMOKO TAKAHASHI | ||||||||
| PROVOST & VP ACADEMIC AFFAIRS | 40.0 | X | 205000 | 0 | 22130 | |||
| ARCHIBALD E ASAWA | ||||||||
| VP/CFO/CORP. SEC. | 40.0 | X | 215000 | 0 | 29083 | |||
| EDWARD FEASEL | ||||||||
| DEAN OF FACULTY & PROF OF ECON | 40.0 | 192508 | 0 | 29095 | X | |||
| JOHN HEFFRON | ||||||||
| DEAN OF STUDENTS &PROF-HISTORY | 40.0 | 177508 | 0 | 35318 | X | |||
| ARIE A GALLES | ||||||||
| PROGRAM DIRECTOR | 40.0 | 153917 | 0 | 20643 | X | |||
| SAEED FAKHRIRAVARI | ||||||||
| DIRECTOR - IT/LIBRARY DIRECTOR | 40.0 | 138039 | 0 | 28414 | X | |||
| ROBERT ALLINSON | ||||||||
| PROFESSOR OF PHILOSOPHY | 40.0 | 143096 | 0 | 31816 | X | |||
| JAMES MEROD | ||||||||
| PROFESSOR- AMERICAN LITERATURE | 40.0 | 145167 | 0 | 18309 | X | |||
| GAIL THOMAS | ||||||||
| PROFESSOR OF SOCIOLOGY | 40.0 | 136214 | 0 | 38201 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1849749 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 123366 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 304305 | TotalOtherCompensation |
| Number Individuals GT100 K | 28 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| FACILITY SERVICE PARTNERS LLC | |||||
| 19201 WILLOW BROOK LANE | TRABUCO CANYON | CA | 92679 | CAMPUS MAINTENANCE | 3186423 |
| CAMBRIDGE ASSOCIATES LLC | |||||
| 100 SUMMER STREET | BOSTON | MA | 021102112 | INVEST. CONSULTING | 1406844 |
| KPMG LLP | |||||
| PO BOX 120001 | DALLAS | TX | 756120966 | ACCOUNTING SERVICES | 219749 |
| MICHELLE M MARTIN | |||||
| 620 CAMINO DE LOS MARES E-504 | SAN CLEMENTE | CA | 926732830 | MARKETING | 135434 |
| MUSICK PEELER GARRETT LLP | |||||
| ONE WILSHIRE BLVD SUITE 2000 | LOS ANGELES | CA | 900173383 | legal services | 120172 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 6 | NumberOfContractorsGT100K |
| Fundraising Events | 727165 | FundraisingEvents |
| All Other Contributions | 9672997 | AllOtherContributions |
| Noncash Contributions | 92528 | NoncashContributions |
| Total Contributions | 10400162 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION & FEES | 611710 | 12661227 | 12661227 |
| HOUSING & FOOD SERVICES | 721000 | 4299690 | 4299690 |
| OTHER AUXILIARY SERVICES | 721000 | 277442 | 277442 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 17238359 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 18480111 | TotalRevenueColumn |
| Unrelated Business Revenue | -759577 | UnrelatedBusinessRevenue |
| Exclusion | $19,239,688 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 556673 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 51347 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 505326 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 505326 | TotalRevenueColumn |
| Exclusion | $505,326 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 248430096 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 237398337 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 11031759 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 11031759 | TotalRevenueColumn |
| Exclusion | $11,031,759 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 152887 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 727165 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 272825 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -119938 | TotalRevenueColumn |
| Exclusion | -$119,938 | 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 | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|
| PERFORMING ARTS CENTER | 900099 | 291599 | 291599 | |
| REFUNDS & REBATES | 900099 | 58566 | $58,566 | |
| VENDING REVENUE | 721000 | 2391 | $2,391 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 26234 | TotalRevenueColumn |
| Exclusion | $26,234 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 378790 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 57914569 | TotalRevenueColumn |
| Related Or Exempt Function Income | 17238359 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -467978 | UnrelatedBusinessRevenue |
| Exclusion | $30,744,026 | 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 | 9674974 | Total |
| Program Services | 9674974 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 202470 | Total |
| Program Services | 202470 | 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 | 1194558 | Total |
| Program Services | 378958 | ProgramServices |
| Management And General | 815600 | 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 | 11053183 | Total |
| Program Services | 7750467 | ProgramServices |
| Management And General | 2966744 | ManagementAndGeneral |
| Fundraising | 335972 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 981301 | Total |
| Program Services | 651338 | ProgramServices |
| Management And General | 303045 | ManagementAndGeneral |
| Fundraising | 26918 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2254396 | Total |
| Program Services | 1496353 | ProgramServices |
| Management And General | 696202 | ManagementAndGeneral |
| Fundraising | 61841 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 984176 | Total |
| Program Services | 653246 | ProgramServices |
| Management And General | 303933 | ManagementAndGeneral |
| Fundraising | 26997 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 141217 | Total |
| Management And General | 141217 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 219749 | Total |
| Management And General | 219749 | 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 | 2600967 | Total |
| Management And General | 2600967 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2311841 | Total |
| Program Services | 1723662 | ProgramServices |
| Management And General | 547039 | ManagementAndGeneral |
| Fundraising | 41140 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1075328 | Total |
| Program Services | 15132 | ProgramServices |
| Management And General | 1060196 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1236677 | Total |
| Program Services | 703986 | ProgramServices |
| Management And General | 491385 | ManagementAndGeneral |
| Fundraising | 41306 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 973476 | Total |
| Program Services | 368363 | ProgramServices |
| Management And General | 594869 | ManagementAndGeneral |
| Fundraising | 10244 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3302490 | Total |
| Program Services | 2786915 | ProgramServices |
| Management And General | 515575 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 299017 | Total |
| Program Services | 27914 | ProgramServices |
| Management And General | 264350 | ManagementAndGeneral |
| Fundraising | 6753 | 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 | 10639 | Total |
| Program Services | 10639 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9509215 | Total |
| Program Services | 7774565 | ProgramServices |
| Management And General | 1734650 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 969194 | Total |
| Program Services | 235543 | ProgramServices |
| Management And General | 733651 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| FOOD SERVICE EXPENSE | 1493968 | 1493968 | |
| INTERNSHIP PROGRAM EXPENSES | 1750500 | 1750500 | |
| SECURITY | 536100 | 536100 | |
| PERFORMING ARTS CENTER | 826011 | 826011 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3982493 | Total |
| Program Services | 1450244 | ProgramServices |
| Management And General | 2124532 | ManagementAndGeneral |
| Fundraising | 407717 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57583940 | Total |
| Program Services | 39149237 | ProgramServices |
| Management And General | 17475815 | ManagementAndGeneral |
| Fundraising | 958888 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 200 | BOY |
| EOY | 350 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 542035 | BOY |
| EOY | 314619 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 300000000 | BOY |
| EOY | 100000000 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 300000 | BOY |
| EOY | 300000 | 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 | 2298937 | BOY |
| EOY | 2536103 | 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 | 406458 | BOY |
| EOY | 434981 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 427943239 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 98732011 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 329480975 | BOY |
| EOY | 329211228 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 259092142 | BOY |
| EOY | 252484138 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 517146620 | BOY |
| EOY | 694213713 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4744033 | BOY |
| EOY | 4984596 | 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 | 4704317 | BOY |
| EOY | 4704317 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1418715717 | BOY |
| EOY | 1389184045 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3087156 | BOY |
| EOY | 4020311 | 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 | 172457 | BOY |
| EOY | 40458 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | 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 | 150000 | BOY |
| EOY | 150000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3409613 | BOY |
| EOY | 4210769 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 439189205 | BOY |
| EOY | 424173276 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 177702447 | BOY |
| EOY | 161238000 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 798414452 | BOY |
| EOY | 799562000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1415306104 | BOY |
| EOY | 1384973276 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1418715717 | BOY |
| EOY | 1389184045 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 330629 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -30663457 | 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 |
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
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 4704317 | 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 |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1062631183 | BeginningOfYearBalance |
| Contributions | 10003601 | Contributions |
| Investment Earnings Or Losses | 1071465 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5700000 | GrantsOrScholarships |
| Other Expenditures | 31300000 | OtherExpenditures |
| Administrative Expenses | 1194124 | AdministrativeExpenses |
| End Of Year Balance | 1035512125 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 480510882 | BeginningOfYearBalance |
| Contributions | 511099522 | Contributions |
| Investment Earnings Or Losses | 98473829 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5500000 | GrantsOrScholarships |
| Other Expenditures | 21000000 | OtherExpenditures |
| Administrative Expenses | 953050 | AdministrativeExpenses |
| End Of Year Balance | 1062631183 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 438744555 | BeginningOfYearBalance |
| Contributions | 9628330 | Contributions |
| Investment Earnings Or Losses | 54264241 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5500000 | GrantsOrScholarships |
| Other Expenditures | 15400000 | OtherExpenditures |
| Administrative Expenses | 1226244 | AdministrativeExpenses |
| End Of Year Balance | 480510882 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 556623526 | BeginningOfYearBalance |
| Contributions | 8254310 | Contributions |
| Investment Earnings Or Losses | -102272073 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5700000 | GrantsOrScholarships |
| Other Expenditures | 16200000 | OtherExpenditures |
| Administrative Expenses | 1961208 | AdministrativeExpenses |
| End Of Year Balance | 438744555 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.07210 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.77210 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.15580 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 44634547 | OtherCostOrOtherBasis |
| Book Value | 44634547 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 354796298 | OtherCostOrOtherBasis |
| Depreciation | 80970854 | Depreciation |
| Book Value | 273825444 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 15177275 | OtherCostOrOtherBasis |
| Depreciation | 13342587 | Depreciation |
| Book Value | 1834688 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 13335119 | OtherCostOrOtherBasis |
| Depreciation | 4418570 | Depreciation |
| Book Value | 8916549 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 329211228 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (6 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| U.S. EQUITY SEC. FUNDS | 96241287 | F |
| GLOBAL EQUITY FUNDS | 63462351 | F |
| EMERGING MARKET FUNDS | 31571378 | F |
| BOND FUNDS | 171255838 | F |
| HEDGE FUNDS | 258040825 | F |
| INFLATION PROTECTION FUNDS | 73642034 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 694213713 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SELF-INSURANCE RESERVE | Description |
| Amount | $150,000 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 150000 | TotalOfAmounts |
| Total Revenue | 57914569 | TotalRevenue |
| Total Expenses | 57583940 | TotalExpenses |
| Excess Or Deficit For Year | 330629 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -20847138 | NetUnrealizedGLOnInvestments |
| Other | -$9,816,319 | OtherAmount |
| Total Adjustments | -30663457 | TotalAdjustments |
| Excess Or Deficit Per FS | -30332828 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 16723652 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -20847138 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 17484 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 324172 | OtherRevenues |
| Revenue Not Rptd F990 | -20505482 | RevenueNotRptdF990 |
| Revenue Subtotal | 37229134 | RevenueSubtotal |
| Investment Expenses Not Included | 1194124 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 19491311 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 20685435 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 57914569 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 47056480 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 17484 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 324172 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 341656 | ExpensesNotRptdF990 |
| Expenses Subtotal | 46714824 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 1194124 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 9674992 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 10869116 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 57583940 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Collection of Art | SCHEDULE D, PART III, Line 4, | Variety of painting, sculptures and rare books are available for research and loaning as a public benefit. |
| Endowment Funds | SCHEDULE D, PART V, Line 4 | THE ENDOWMENT PROCEEDS FUND SCHOLARSHIPS, UNIVERSITY OPERATIONS, CAPITAL RENEWAL, ACADEMIC RESEARCH AND SUPPORT FOR CLASSROOMS. |
| FIN 48 (ASC 740) FOOTNOTE | SCHEDULE D, PART X, LINE 2 | THE PREPARATION OF FINANCIAL STATEMENTS IN CONFORMITY WITH U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PRESCRIBES FOR ALL ENTITIES, INCLUDING PASS-THROUGH ENTITIES, MINIMUM THRESHOLDS FOR FINANCIAL STATEMENT RECOGNITION OF A POSITION TAKEN IN FILING TAX RETURNS (INCLUDING WHETHER AN ENTITY IS TAXABLE IN A PARTICULAR JURISDICTION) AND REQUIRES CERTAIN EXPANDED TAX DISCLOSURES. NO SUCH UNCERTAIN TAX POSITIONS EXIST FOR THE UNIVERSITY AT JUNE 30, 2012 AND 2011, RESPECTIVELY. THE UNIVERSITY FILES TAX RETURNS IN THE U.S. FEDERAL AND VARIOUS STATE JURISDICTIONS. WITH FEW EXCEPTIONS, THE UNIVERSITY IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL, OR NON-U.S. INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEARS BEFORE 2007. |
| RECONCILIATION OF CHANGE IN NET ASSETS | SCHEDULE D, PART XI, LINE 8 | K-1 PARTNERSHIP INVESTMENT INCOME $(9,816,319) |
| REVENUE ON BOOKS NOT ON RETURN | SCHEDULE D, PART XII, LINE 2D | FUNDRAISING EXPENSE REPORTED NET ON RETURN $ 272,825 RENTAL EXPENSE REPORTED NET ON RETURN $ 51,347 --------------- TOTAL $ 324,172 REVENUE ON RETURN BUT NOT ON BOOKS SCHEDULE D, PART XII, LINE 4B SCHOLARSHIPS REPORTED AS NET ON FINANCIAL STATEMENTS $ 9,065,666 K-1 PARTNERSHIP INVESTMENT INCOME $ 9,816,319 Federal Financial Aid net on Financial Statements $ 609,326 --------------- TOTAL $19,491,311 |
| EXPENSES ON BOOKS BUT NOT ON RETURN | SCHEDULE D, PART XIII, LINE 2D | FUNDRAISING EXPENSE REPORTED NET ON RETURN $ 272,825 RENTAL EXPENSE REPORTED NET ON RETURN $ 51,347 --------------- TOTAL $ 341,656 EXPENSES ON RETURN BUT NOT ON BOOKS SCHEDULE D, PART XIII, LINE 4B SCHOLARSHIPS REPORTED AS NET ON FINANCIAL STATEMENTS $ 9,065,666 Federal Financial Aid net on Financial Statements $ 609,326 --------------- Total $ 9,674,992 |
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 |
|---|---|---|
| FORM 990, SCHEDULE E, PART I, LINE 3 | CLASSIFIED ADVERTISING | SOKA UNIVERSITY PUBLISHES ITS NONDISCRIMINATORY POLICY IN THE NEWSPAPER IN ORDER TO MAKE THE POLICY KNOWN TO ALL PARTS OF THE GENERAL COMMUNITY IT SERVES. |
| FORM 990, SCHEDULE E, PART I, LINE 6A | U.S. DEPARTMENT OF EDUCATION FEDERAL PELL GRANT PROGRAM, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT, AND FEDERAL WORK STUDY. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | true | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (9 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|
| East Asia and the Pacific | 0 | Program Services | LEARNING CLUSTER | 56599 |
| Central America and the Caribbean | 0 | Program Services | LEARNING CLUSTER | 32975 |
| South America | 0 | Program Services | LEARNING CLUSTER | 15659 |
| South Asia | 0 | Program Services | LEARNING CLUSTER | 16598 |
| Europe (Including Iceland and Greenland) | 0 | Program Services | STUDY ABROAD PROGRAM | 418481 |
| East Asia and the Pacific | 0 | Program Services | STUDY ABROAD PROGRAM | 1050480 |
| Central America and the Caribbean | 0 | Program Services | STUDY ABROAD PROGRAM | 25505 |
| South America | 0 | Program Services | STUDY ABROAD PROGRAM | 303086 |
| North America | 0 | Program Services | STUDY ABROAD PROGRAM | 94767 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Subtotal Amount Spent | 2014150 | SubtotalAmountSpent |
| Total Amount Spent | 2014150 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Assistance | STUDY ABROAD PROGRAM | TypeOfAssistance |
| Region | East Asia/Pacific | Region |
| Number Of Recipients | 65 | NumberOfRecipients |
| Amount Of Cash Grant | 202470 | AmountOfCashGrant |
| Manner Of Cash Disbursement | CHECK/WIRE | MannerOfCashDisbursement |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
| Description Of Non Cash Assistance | N/A | DescriptionOfNonCashAssistance |
| Method Of Valuation | FMV | MethodOfValuation |
| 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 | true | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | MONITORING OF FUNDS | Identifier |
| Return Reference | SCHEDULE F, PART I, LINE 2 | ReturnReference |
| Explanation | INSTITUTIONAL GRANTS ARE GIVEN BY SOKA UNIVERSITY OF AMERICA TO ELIGIBLE STUDENTS WHO MEET SPECIFIC ACADEMIC AND ACHIEVEMENT CRITERIA. THE PURPOSES OF THESE GRANTS ARE CLEARLY COMMUNICATED TO THE RECIPIENTS AND ARE INTERNALLY USED FOR EDUCATIONAL PURPOSES. | Explanation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | PEACE GALA | NameOfEvent1 |
| Gross Receipts Event1 | 880052 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 727165 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 152887 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 92528 | NonCashPrizesEvent1 |
| Other Direct Expenses Event1 | 180297 | OtherDirectExpensesEvent1 |
| Total Number Of Other Events | 0 | TotalNumberOfOtherEvents |
| Gross Receipts Total | 880052 | GrossReceiptsTotal |
| Charitable Contributions Total | 727165 | CharitableContributionsTotal |
| Gross Revenue Total Events | 152887 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 92528 | NonCashPrizesTotalEvents |
| Other Direct Expenses Total Events | 180297 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 272825 | DirectExpenseSummaryEvents |
| Net Income Summary | -119938 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (6 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|---|
| INSTITUTIONAL GRANT | 297 | 5448444 | 0 | FMV | N/A |
| INSTITUTIONAL GRANT - MERIT SCHOLARSHIP | 376 | 3499363 | 0 | FMV | N/A |
| INSTITUTIONAL GRANT - RESIDENTIAL AWARDS | 10 | 101220 | 0 | FMV | N/A |
| FEDERAL WORK STUDY | 43 | 33322 | 0 | FMV | N/A |
| FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT | 75 | 33165 | FMV | N/A | |
| FEDERAL PELL AWARD GRANT PROGRAM | 134 | 559460 | FMV | N/A |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE I, PART I, LINE 2 | Identifier |
| Explanation | PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES SOKA UNIVERSITY OF AMERICA SERVES AS A CONDUIT TO RECEIVE AND DISBURSE STUDENT AID FUNDS FROM GOVERNMENTAL AGENCIES SUCH AS THE DEPARTMENT OF EDUCATION UNDER THE FOLLOWING PROGRAMS: - FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT - FEDERAL PELL AWARD GRANT PROGRAM - FEDERAL WORK STUDY INSTITUTIONAL GRANTS ARE GIVEN BY SOKA UNIVERSITY OF AMERICA TO ELIGIBLE STUDENTS WHO MEET SPECIFIC ACADEMIC AND ACHIEVEMENT CRITERIA. THE PURPOSES OF THESE GRANTS ARE CLEARLY COMMUNICATED TO THE RECIPIENTS AND ARE INTERNALLY USED FOR EDUCATIONAL PURPOSES. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | 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 (10 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| YOSHINOBU HABUKI | |||||||||||||
| 242500 | 0 | 0 | 0 | 0 | 0 | 24250 | 0 | 10354 | 0 | 277104 | 0 | 0 | 0 |
| EDWARD FEASEL | |||||||||||||
| 192508 | 0 | 0 | 0 | 0 | 0 | 19251 | 0 | 9844 | 0 | 221603 | 0 | 0 | 0 |
| ARIE A GALLES | |||||||||||||
| 153917 | 0 | 0 | 0 | 0 | 0 | 15392 | 0 | 5251 | 0 | 174560 | 0 | 0 | 0 |
| SAEED FAKHRIRAVARI | |||||||||||||
| 138039 | 0 | 0 | 0 | 0 | 0 | 13804 | 0 | 14610 | 0 | 166453 | 0 | 0 | 0 |
| ROBERT ALLINSON | |||||||||||||
| 143096 | 0 | 0 | 0 | 0 | 0 | 14310 | 0 | 17506 | 0 | 174912 | 0 | 0 | 0 |
| JAMES MEROD | |||||||||||||
| 145167 | 0 | 0 | 0 | 0 | 0 | 14517 | 0 | 3792 | 0 | 163476 | 0 | 0 | 0 |
| GAIL THOMAS | |||||||||||||
| 136214 | 0 | 0 | 0 | 0 | 0 | 13621 | 0 | 24580 | 0 | 174415 | 0 | 0 | 0 |
| TOMOKO TAKAHASHI | |||||||||||||
| 205000 | 0 | 0 | 0 | 0 | 0 | 20500 | 0 | 1630 | 0 | 227130 | 0 | 0 | 0 |
| ARCHIBALD E ASAWA | |||||||||||||
| 215000 | 0 | 0 | 0 | 0 | 0 | 21500 | 0 | 7583 | 0 | 244083 | 0 | 0 | 0 |
| JOHN HEFFRON | |||||||||||||
| 177508 | 0 | 0 | 0 | 0 | 0 | 17751 | 0 | 17567 | 0 | 212826 | 0 | 0 | 0 |
Schedule L IRS990ScheduleL
Loan Table LoanTable (2 entries)
| Purpose Of LoanPurposeOfLoan | Loan From OrganizationLoanFromOrganization | Original PrincipalOriginalPrincipalAmount | Balance DueBalanceDue | DefaultDefault | Approved By BoardApprovedByBoard | Written AgreementWrittenAgreement |
|---|---|---|---|---|---|---|
| ARIE A GALLES - | ||||||
| HOUSING RELOC LOAN | X | $150,000 | 150000 | false | true | true |
| TOMOKO TAKAHASHI - | ||||||
| HOUSING RELOC LOAN | X | $150,000 | 150000 | false | true | true |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 300000 | TotalBalanceDue |
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | RUBY NAGASHIMA | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | FAMILY MEMBER OF TRUSTEE | Relationship |
| Amount Of Transaction | 42438 | AmountOfTransaction |
| Description Of Transaction | salary and benefits | DescriptionOfTransaction |
| Sharing Of Revenues | false | SharingOfRevenues |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 12 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 16550 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | retail value | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | 2089 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | retail value | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty | |
| Securities Publicly Traded | SecuritiesPubliclyTraded | |
| 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 (14 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | WINE & beverages | 17 | 1963 | RETAIL VALUE |
| X | GIFT cards & CERTIFICATES | 87 | 18341 | RETAIL VALUE |
| X | GOLF EQUIPMENT | 13 | 5425 | RETAIL VALUE |
| X | EVENT TICKETS | 6 | 735 | RETAIL VALUE |
| X | TRAVEL PACKAGES | 4 | 11325 | RETAIL VALUE |
| X | GIFT BASKETS | 14 | 1887 | RETAIL VALUE |
| X | JEWELRY | 14 | 455 | RETAIL VALUE |
| X | luggage, brieFCASE & bags | 8 | 4115 | RETAIL VALUE |
| X | AUTO LEASE & accessaries | 4 | 7810 | RETAIL VALUE |
| X | ELECTRONICS | 10 | 1083 | RETAIL VALUE |
| X | TOY CARS | 2 | 710 | RETAIL VALUE |
| X | MEMORABILIA & collectables | 13 | 13260 | RETAIL VALUE |
| X | antiques | 19 | 4960 | retail value |
| X | scarfs & jackets | 6 | 1820 | retail value |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | LISTING OF CONTRIBUTIONS | Identifier |
| Return Reference | FORM 990, SCHEDULE M, PART I | ReturnReference |
| Explanation | THE AMOUNTS IN PART I, COLUMN (B) REPRESENT THE NUMBER OF DONORS WHO PROVIDED CONTRIBUTIONS OF DONATED GOODS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| GOVERNING BODY DELEGATING BROAD AUTHORITY | FORM 990, PART VI, SECTION A, QUESTION 1A | In order to allow Board action between meetings for urgent matters when it is impractical or impossible to arrange a meeting of the full Board, the Board has granted to an Executive Committee as much authority as is allowed under California law. MEMBER INFORMATION FORM 990, PART VI, SECTION A, QUESTION 6, 7A AND 7B Question 6: the organization is incorporated in the state of california as a 501(c)(3) non-profit public benefit corporation with a sole member, the soka gakkai. Question 7a: the organization's sole member has the right to vote for the election or removal of the members of the governing body. question 7b: decisions of the governing body regarding the disposition of all or substantially all of the assets of the organization, merger or dissolution of the organization, and any amendments to the articles of incorporation and most amendments to the bylaws are subject to approval by the sole member. |
| process of reviewing form 990 | form 990, part vi, section b, question 11 | The Board of Trustees has delegated the review of the Form 990 to the Audit Committee. The organization's Chief Financial Officer works closely with the outside accounting firm it engages to review the return; and the final form of the 990 return is also reviewed by the Controller prior to providing the form to the Audit Committee. In addition to consulting with the Controller and Chief Financial Officer, the Audit Committee may at its discretion meet with any other university personnel involved with the preparation of the Form 990. The Audit Committee also met with the accounting firm hired to prepare the Form 990. Subsequent to its review, the Audit Committee reports back to the Board regarding its oversight of the Form 990 and the final version is provided to all of the voting members of the board before the return is filed. |
| monitoring and enforcing compliance with the conflict of interest policy | form 990, part vi, section b, question 12c | The Board Secretary is charged with monitoring proposed or ongoing transactions for conflicts of interest and addressing any potential or actual conflicts. Pursuant to the Conflict of Interest Policy, an annual conflict of interest questionnaire, aimed at determining any family and business relationships and transactions or other transactions that may pose a potential conflict, is distributed to all covered persons (i.e., board members, officers and executive leadership or key employees). Covered persons are required to disclose real or potential conflicts at the time when such conflicts arise. When someone becomes a covered person and annually thereafter, each covered person is required to sign a statement affirming that he/she: (1) has received a copy of the Conflict of Interest Policy; (2) has read the Policy and understands said Policy; and (3) agrees to comply with all requirements of the Policy, including completing the conflict of interest questionnaire. The completed questionnaires are reviewed by the Board Secretary and any persons with actual or potential conflicts are informed via written communication. The procedures for addressing any conflict of interest includes, but is not limited to, the following: (1) the conflicting interest is fully disclosed to the Board; (2) the interested person responds to factual questions related to the substance of the transaction or arrangement being considered, after which he/she shall leave the meeting; (3) the person with the conflict of interest is excluded from the discussion and approval or disapproval of such transaction; (4) alternatives to the proposed transaction are investigated, competitive bids or comparable valuations are obtained; (5) any conflicting issues during the course of a Board meeting which cannot be resolved is referred to the Executive Committee; and (6) the transaction or action must be approved by a majority of disinterested persons. |
| process of determining compensation | form 990, part vi, section b, line 15 a & b | Compensation arrangements involving any of the organization's officers or key employees are established pursuant to a process that satisfies the rebuttable presumption of reasonableness as provided for in IRC Sec. 4958 (excess benefit transaction tax). This process requires a review of compensation determinations by disinterested persons, the use of comparability data, and contemporaneous documentation of the decision making process. The Board reviews the annual performance of officers and key employees and determines appropriate compensation levels based upon external salary data. Their review includes benchmarking data for the total compensation and benefits packages of officers and key employees, including total economic benefits paid by organizations which the governing body believes are similarly situated for similar job responsibilities, as obtained from independent third-party sources. The officers and key employees for whom this process is performed annually, include the President, Provost and Vice President for Academic Affairs, Vice President for Finance and Administration and Chief Financial Officer and Chief Investment Officer, Dean of Faculty and Dean of Students. The Board's written records include the (1) terms of the arrangement with the disqualified person (including the date the arrangement was approved); (2) a list of trustees present during the debate on the transaction (and how the members voted when it was approved); and (3) a description of the comparable data relied on by the Committee. Key deliberations, a description of the comparability data, how it was obtained, the members present and how they voted, was documented in the May 26, 2011 Board meeting minutes, and Comparable data are kept with the minutes of the meeting or with the Board Secretary. |
| governing document disclosure | form 990, part vi, section c, question 19 | The organization's governing documents, conflict of interest policy and financial statements are available upon request. |
| relationships among board members | form 990, part vi, section a, line 2 | TARIQ HASAN AND DANIEL NAGASHIMA ARE EMPLOYED AS OFFICERS OF SOKA GAKKAI INTERNATIONAL-USA, A CALIFORNIA NONPROFIT RELIGIOUS BENEFIT CORPORATION ("SGI-USA"). YOSHINOBU HABUKI, CLOTHILDE HEWLETT AND DANIEL NAGASHIMA SERVE AS DIRECTORS OF SGI-USA. |
| OTHER CHANGES IN NET ASSETS OR FUND BALANCES | FORM 990, PART XI, LINE 5 | UNREALIZED LOSSES ON INVESTMENTS ($ 20,847,138) K-1 PARTNERSHIP INVESTMENT INCOME ($ 9,816,319) ----------------- TOTAL ($ 30,663,457) |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:KENJI YOSHIGO TITLE:TRUSTEE HOURS:39 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg | Legal Domicile Foreign CountryLegalDomicileForeignCountry |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LUIS & LINDA NIEVES FAMILY FOUNDATION | |||||||||||
| 1174 MONTICELLO ROAD | NAPA | CA | 94558 | 202054708 | SUPPORTING | CA | 501(C)(3) | 11A | SOKA UOA | true | |
| SOKA GAKKAI | |||||||||||
| RELIGIOUS | N/A | N/A | NA | false | JA | ||||||
| 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 | true | 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 |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOUIS & LINDA NIEVES FAMILY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | c | TransactionType |
| Amount Involved | 220000 | AmountInvolved |
| Method Of Amt Determination | CASH | MethodOfAmtDetermination |