2012-05-15T08:20:58-04:00 2011-06-30 MALONEY NOVOTNY LLC 1111 SUPERIOR AVENUE SUITE 700 CLEVELAND OH 44114 990 2010-07-01 340714334 THE CLEVELAND INSTITUTE OF ART CLEV 2164217000 11141 EAST BOULEVARD CLEVELAND OH 44106 ALMUT ZVOSEC 2012-05-14 CHRISTOPHER B ANDERSON 2163630100 2010 2016-02-24 21:20:13Z GRAFTON NUNES PRESIDENT 11141 EAST BLVD CLEVELAND OH 441061710 37148028 false X WWW.CIA.EDU X 1882 OH TO NURTURE THE INTELLECTUAL, ARTISTIC AND PROFESSIONAL DEVELOPMENT OF STUDENTS AND COMMUNITY MEMBERS THROUGH RIGOROUS VISUAL ARTS AND DESIGN EDUCATION. 42 40 535 50 175175 -51037 7640746 9344598 15867267 17084387 977536 1351092 169672 1248847 24655221 29028924 6080634 7228626 0 0 9782298 9867870 0 0 801454 5682636 6490032 21545568 23586528 3109653 5442396 57295090 62132952 9078393 4662328 48216697 57470624 THE MISSION STATEMENT OF THE CLEVELAND INSTITUTE OF ART IS AS FOLLOWS: TO NURTURE THE INTELLECTUAL, ARTISTIC AND PROFESSIONAL DEVELOPMENT OF STUDENTS AND COMMUNITY MEMBERS THROUGH RIGOROUS VISUAL ARTS AND DESIGN EDUCATION. false false 21608710 7228626 17098431 THE CLEVELAND INSTITUTE OF ART IS AN INDEPENDENT COLLEGE OF ART AND DESIGN COMMITTED TO LEADERSHIP AND VISION IN ALL FORMS OF VISUAL ARTS EDUCATION. THE INSTITUTE'S MISSION IS TO MAKE AN ENDURING CONTRIBUTION THROUGH EDUCATION, RESEARCH AND SERVICE TO DIVERSE COMMUNITIES, BOTH IMMEDIATE AND GLOBAL. THE INSTITUTE RECOGNIZES THE IMPORTANCE OF THE VISUAL ARTS IN CULTURE AND THE POTENTIAL FOR ARTISTS TO CONTRIBUTE TO THE NEEDS OF SOCIETY. THE UNDERGRADUATE PROGRAM HAD 534 STUDENTS ENROLLED. 21608710 true true false true false false false false true true false false true true true false true true false false false false false false false false false true true false false false false false false false false true false false false false true true true false false true 78 0 true 535 true true true false false false false false false false false false X 42 40 true false false false false false false true true false false true true true true true false true true true false OH X ALMUT ZVOSEC 2164217000 11141 EAST BLVD CLEVELAND OH 441061710 Fran Belkin 1.0 X 0 0 0 Steven M Cencula 1.0 X 0 0 0 Frederick Clarke 1.0 X 0 0 0 Ron Copfer 1.0 X 0 0 0 Joseph S Dehner 1.0 X 0 0 0 Samuel Dolinsky 1.0 X 0 0 0 Ruth Swetland Eppig 1.0 X 0 0 0 Marsha B Everett 1.0 X 0 0 0 Meg Fulton-Mueller 1.0 X 0 0 0 Robert A Glick 1.0 X 0 0 0 Victor Goldberg MD 1.0 X 0 0 0 Deba Jean Gray 1.0 X 0 0 0 Matthew L Greene 1.0 X 0 0 0 James P Grigg 1.0 X 0 0 0 Joseph Hahn MD 1.0 X 0 0 0 Michelle F Harris PhD 1.0 X 0 0 0 Barbara Hawley 1.0 X 0 0 0 Sally Stecher Hollington 1.0 X 0 0 0 Donald Insul 1.0 X 0 0 0 Gary Johnson 1.0 X 0 0 0 William R Joseph 1.0 X 0 0 0 Rex Garrison Mason 1.0 X 0 0 0 Heather Moore 1.0 X 0 0 0 Laura Ospanik 1.0 X 0 0 0 Rene Polin 1.0 X 0 0 0 John Schulze 1.0 X 0 0 0 Michael Schwartz 1.0 X 0 0 0 Phyllis Seltzer 1.0 X 0 0 0 Robert M Siewert 1.0 X 0 0 0 Daniel Simon MD 1.0 X 0 0 0 Karen Skunta 1.0 X 0 0 0 John Spirk 1.0 X 0 0 0 Janet Spreen 1.0 X 0 0 0 Meg Stanton 1.0 X 0 0 0 Joy Sweeney 1.0 X 0 0 0 William A Valerian 1.0 X 0 0 0 Jeffrey M Weiss 1.0 X 0 0 0 Kirk Zehnder 1.0 X 0 0 0 Nancy McEntee 1.0 X 52965 0 2749 Grafton Nunes 40.0 X X 117654 0 2512 John Flower 1.0 X 0 0 0 Peter Guren 1.0 X 0 0 0 Mary Ann Hanson 1.0 X 0 0 0 John Nottingham 1.0 X 0 0 0 R Michael Cole 40.0 X 135586 0 12793 Mark Inglis 40.0 X 128960 0 8262 Nancy Stuart 40.0 X 155039 0 48503 Almut Zvosec 40.0 X 124809 0 6288 Daniel Cuffaro 40.0 X 107762 0 10225 Robert Borden 40.0 X 116660 0 12954 Howard Weiner 40.0 X 120980 0 13160 Matthew Hollern 40.0 X 102372 0 12357 David Deming 0.0 X 105197 0 10496 1267984 0 140299 10 true true false MEDICAL CENTER CO 2250 CIRCLE DRIVE CLEVELAND OH 44106 UTILITIES 240363 CASE WESTERN RESERVE UNIVERSITY 10900 EUCLID AVENUE CLEVELAND OH 44106 STUD.HSG&MEAL PLAN 1755128 TIAA CREF 8500 ANDREW CARNEGIE BLVD CHARLOTTE NC 28262 RETIREMENT PLAN SVCS 715388 ANTHEM BCBS OH GROUP P O BOX 105673 ATLANTA GA 30348 MEDICAL INS SVCS 738050 JENZABAR PO BOX 845939 BOSTON MA 02284 SOFTWARE SERVICES 181375 13 2174239 7170359 1554664 9344598 TUITION AND FEES 900099 16787850 16787850 AUXILIARY SERVICES 900099 296537 296537 17084387 519129 519129 0 0 8951067 8119104 831963 831963 831963 0 0 0 CINEMATHEQUE 713910 166263 9145 157118 INCOME FROM SUBSIDIARIES 900099 1059628 1059628 OTHER 713910 22956 4899 18057 1248847 29028924 17098431 175175 2410720 0 7228626 7228626 0 0 788496 406687 199753 182056 0 7498397 6925182 420589 152626 206975 180235 15377 11363 759142 659895 55769 43478 614860 536156 45861 32843 0 98068 89732 5119 3217 59250 54214 3093 1943 90581 90581 0 0 168572 159699 7099 1774 949558 817371 96506 35681 224399 208941 12008 3450 449331 305834 126759 16738 0 1888294 1729860 97477 60957 40173 26837 4644 8692 0 66207 52806 8613 4788 455055 416375 23754 14926 0 409619 374801 21382 13436 9326 8652 414 260 STUDENT HOUSING 780739 780739 POSTAGE & SHIPPING 178236 167063 6552 4621 PROFESSIONAL DEVELOPMENT 52711 47436 2788 2487 STUDENT RECRUITING 179284 179284 EQUIPMENT RENTAL AND MAINT 106758 97015 5437 4306 283871 155270 17370 111231 23586528 21608710 1176364 801454 61150 96735 1025902 1777783 4321333 6490080 178224 225251 18174100 11816198 683473 760200 12673387 10005440 2945605 2667947 23739036 27731983 1316088 1346407 4850179 9220368 57295090 62132952 769710 1815495 282331 253633 6848252 1400000 1178100 1193200 9078393 4662328 X 26503014 31755779 6849269 9653566 14864414 16061279 48216697 57470624 57295090 62132952 X 5442396 3811531 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 90581 90581 21585508 21676089 1000000 250000 false 1000000 1000000 1000000 1000000 4000000 6000000 107225 117426 76000 90581 391232 250000 250000 250000 250000 1000000 1500000 16692088 71870 3887343 840201 1019640 18791460 16133162 55032 1934875 982524 448457 16692088 21990566 369117 -4350785 512040 1363696 16133162 0.42803 0.43260 0.13938 true false 534742 534742 5436779 3976242 1460537 6701866 6029198 672668 2667947 INV.IN MCCULLOUGH CTR HLDGS. 6320670 INV.IN STUDIO WORKS CO. -930111 RECEIVABLE-MCCULL.CTR.HLDGS. 3383129 RECEIVABLE-MCCULL.MASTER TEN. 191680 RECEIVABLE-STUDIO WORKS CO. 255000 9220368 0 PERKINS STUDENT LOANS, NET 1193200 1193200 29028924 23586528 5442396 3811531 3811531 9253927 25611829 3811531 3811531 21800298 7228626 7228626 29028924 16357902 16357902 7228626 7228626 23586528 INTENDED USE OF ENDOWMENT FUNDS, PART V, LINE 4: THE INSTITUTE'S ENDOWMENT CONSISTS OF FUNDS FUNCTIONING AS ENDOWMENT AND PERMANENTLY RESTRICTED ENDOWMENT FUNDS REPRESENTING ENDOWMENT GIFTS RESTRICTED BY DONORS IN PERPETUITY. THE INSTITUTE USES ITS ENDOWMENT FUNDS TO FURTHER ITS EXEMPT EDUCATIONAL PURPOSES. FIN 48 FOOTNOTE, PART X, LINE 2: INCOME TAXES - THE INSTITUTE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE, EXCEPT THAT IF THE INSTITUTE HAS ANY UNRELATED BUSINESS INCOME, SUCH INCOME WOULD BE TAXABLE. EFFECTIVE JULY 1, 2009, THE INSTITUTE ADOPTED THE NEW PROVISIONS OF ASC TOPIC 740, "ACCOUNTING FOR INCOME TAXES," WHICH CLARIFY THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THE PROVISIONS PRESCRIBE CERTAIN CRITERIA FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THESE PROVISIONS ALSO PROVIDE GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. INTEREST, IF ANY, WILL BE CLASSIFIED IN THE CONSOLIDATED FINANCIAL STATEMENTS AS A COMPONENT OF INTEREST EXPENSE AND STATUTORY PENALTIES, IF ANY, WILL BE CLASSIFIED AS A COMPONENT OF STATE AND LOCAL INCOME TAX EXPENSE. AS OF JUNE 30, 2011, THE INSTITUTE'S INCOME TAX RETURNS (FEDERAL FORM 990) FOR YEARS FROM 2007 AND THEREAFTER REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, AS WELL AS STATE TAXING AUTHORITIES. SUBSIDIARY TAX RETURNS ARE OPEN SINCE THE YEAR OF INCEPTION (2009). OTHER CHANGES IN REVENUE, PART XII, LINE 4B: STUDENT FINANCIAL AID, WHICH WAS SHOWN AS A REDUCTION OF REVENUE ON FINANCIAL STATEMENTS BUT AS AN EXPENSE IN PART IX OF FORM 990: $7,228,626 OTHER CHANGES IN EXPENSES, PART XIII, LINE 4B: STUDENT FINANCIAL AID, WHICH WAS SHOWN AS A REDUCTION OF REVENUE ON FINANCIAL STATEMENTS BUT AS AN EXPENSE IN PART IX OF FORM 990: $7,228,626 true true true true true true true false false false false false false false false true false true PUBLICATION OF RACIALLY NONDISCRIMINATORY POLICY, LINE 3: THE INSTITUTE'S NONDISCRIMINATION POLICY IS INCLUDED IN PUBLICATIONS, INCLUDING COURSE CATALOGS, AND ADVERTISEMENTS. AID FROM A GOVERNMENTAL AGENCY, LINE 6A: THE CLEVELAND INSTITUTE OF ART RECEIVES STUDENT FINANCIAL ASSISTANCE FROM THE U.S. DEPARTMENT OF EDUCATION. THE PROGRAM CONSISTS OF THE FOLLOWING: FEDERAL PELL GRANT PROGRAM, FEDERAL SUPPLEMENTAL EDUCATION & OPPORTUNITY GRANT PROGRAM, FEDERAL WORK STUDY PROGRAM, AND FEDERAL PERKINS LOAN PROGRAM. true STUDENT FINANCIAL AID 534 7228626 MONITORING USE OF GRANT FUNDS, PART I, LINE 2: THE INSTITUTE ENSURES THAT ITS GRANTS OF FINANCIAL AID ARE USED BY STUDENTS FOR EDUCATIONAL PURPOSES BY CREDITING THE AID DIRECTLY TO THE STUDENTS' ACCOUNTS OR THROUGH ITS FINANCIAL AID COMPLIANCE PROCESSES. X X X false true false false false false false false false David Deming 105197 0 0 0 0 0 4208 0 6288 0 115693 0 0 0 Nancy Stuart 155039 0 0 0 0 0 6202 0 42301 0 203542 0 0 0 SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN, PART I, LINE 4B: THE INSTITUTE SPONSORS A SECTION 457(B) PLAN THAT IS FUNDED ONLY BY EMPLOYEE CONTRIBUTIONS. ADDITIONAL INFORMATION REGARDING REPORTED BENEFITS, PART II, COLUMN D: NONTAXABLE BENEFITS FOR NANCY STUART SHOWN ON SCHEDULE J, PART II, COLUMN D AND FORM 990, PART VII, COLUMN F INCLUDE $29,500 FOR THE ESTIMATED BENEFIT VALUE OF TUITION SCHOLARSHIP THROUGH THE TUITION EXCHANGE, OF WHICH THE INSTITUTE IS A MEMBER. X 0 N/A X 270972 FMV X 13 761909 FMV X 1 521783 FMV X GIFT CERTIFICATES 7 0 N/A 0 false true true RECORDING REVENUE FOR CERTAIN GIFTS, PART I, LINE 33: THE INSTITUTE DID NOT RECORD REVENUE FOR GIFTS OF BOOKS AND GIFT CERTIFICATES BECAUSE IT CONSIDERED THE AMOUNTS IMMATERIAL. USE OF THIRD PARTIES, PART I, LINE 32B: THE INSTITUTE UTILIZES THE SERVICES OF BROKERS TO SELL DONATED SECURITIES AND DONATED REAL ESTATE. THE FEES CHARGED BY THE BROKERS ARE AT OR BELOW FAIR MARKET VALUE. REVIEW OF FORM 990, FORM 990, PART VI, LINE 11B: AFTER PREPARATION OF FORM 990 BY THE INDEPENDENT PUBLIC ACCOUNTANTS AND PRIOR TO FILING, THE AUDIT COMMITTEE ALONG WITH MANAGEMENT REVIEW THE FORM IN DETAIL AND DISTRIBUTE AN ELECTRONIC COPY OF THE FORM 990 TO THE VOTING MEMBERS OF THE BOARD. IN ADDITION, THE AUDIT COMMITTEE REPORTS BACK TO THE BOARD OF DIRECTORS SUMMARIZING ITS REVIEW OF THE RETURN WITH THE INDEPENDENT PUBLIC ACCOUNTANTS. MONITORING AND ENFORCEMENT OF CONFLICT POLICY, FORM 990, PART VI, LINE 12C: EACH YEAR A CONFLICT OF INTEREST QUESTIONNAIRE IS GIVEN TO THE BOARD OF DIRECTORS, OFFICERS, AND CERTAIN OTHER EMPLOYEES TO BE COMPLETED. THE PRESIDENT REVIEWS THE QUESTIONNAIRES FOR ANY CONFLICTS. WHEN A CONFLICT ARISES, THE INDIVIDUAL WITH THE CONFLICT IS NOT PERMITTED TO VOTE OR PARTICIPATE IN THE DISCUSSION OF THE PROPOSED TRANSACTION. THE DECISION ABOUT THE TRANSACTION IS MADE BY PERSONS WHO ARE INDEPENDENT OF THE PERSON WITH THE CONFLICT. COMPENSATION DETERMINATION, FORM 990, PART VI, LINE 15: THE PRESIDENT'S COMPENSATION IS DETERMINED BY DIRECTORS OF THE BOARD WHO ARE INDEPENDENT OF THE INDIVIDUAL. THE DIRECTORS USE COMPARABILITY DATA TO ENSURE REASONABLENESS OF COMPENSATION. THE SAME COMMITTEE ALSO REVIEWS COMPENSATION FOR VICE PRESIDENT POSITIONS AS PART OF THE BUDGETING PROCESS. AVAILABILITY OF DOCUMENTS, FORM 990, PART VI, LINE 19: THE ORGANIZATION MAKES ITS CONFLICT OF INTEREST POLICY, GOVERNING DOCUMENTS, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. INFORMATION ON FORMS W-2 ISSUED IN 2009, FORM 990, PART I, LINE 5 AND PART V, LINE 2A: THE TOTAL OF 535 OF FORMS W-2 ISSUED IN 2010 IS MADE UP OF THE FOLLOWING: STUDENTS ON WORK-STUDY PROGRAMS: 217 FACULTY AND ADMINISTRATIVE STAFF: 217 PART-TIME EMPLOYEES: 101 DOCUMENT RETENTION POLICY, FORM 990, PART VI, LINE 14: THE INSTITUTE IS OPERATING ACCORDING TO DOCUMENT RETENTION AND DESTRUCTION GUIDELINES, BUT THE DOCUMENTATION IS BEING DEVELOPED AND WILL BE PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL. AS SUCH, WE ARE REQUIRED TO ANSWER THE QUESTION ON LINE 14 OF PART VI "NO" EVEN THOUGH DOCUMENT RETENTION AND DESTRUCTION PROCEDURES ARE BEING UTILIZED AT THE INSTITUTE. OTHER CHANGES IN NET ASSETS, PART XI, LINE 5: UNREALIZED GAIN ON INVESTMENTS: $3,811,531 REPORTABLE RELATIONSHIPS, FORM 990, PART VI, LINE 2: JOHN SPIRK AND JOHN NOTTINGHAM HAVE A BUSINESS RELATIONSHIP. MCCULLOUGH CTRLLC 11141 EAST BOULEVARD CLEVELAND OH 44106 261627336 REAL ESTATE OH MCCULLCTRMGR EXCLUDED 153194 46072904 false 0 false 0.90000 MCCULLOUGH CTRMGRLLC 11141 EAST BLVD CLEVELAND OH 44106 274374650 REAL ESTATE MGMT. OH MCCULLCTRHOLD EXCLUDED -126930 10576597 false 0 false 0.98800 MCCULLOUGH CENTER HOLDINGS INC 11141 EAST BOULEVARD CLEVELAND OH 44106 270722618 REAL EST.INVEST. OH NA C CORP 1788820 12705925 1.00000 STUDIO WORKS COMPANY 11141 EAST BOULEVARD CLEVELAND OH 44106 270722720 FACILITY RENT OH NA C CORP -602261 100762 1.00000 false true false false false false false false false false false false true true false false false false