JUILLIARD SCHOOL: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- JUILLIARD SCHOOL (EIN 13-1624067)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-12
- IRS object ID
- 201121329349303112
- Schema version
- 2009v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-12T15:40:42-07:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131624067 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JUILLIARD SCHOOL | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | JUIL | NameControl |
| Phone | 2127995000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 LINCOLN CENTER PLAZA | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10023 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Christine Todd | Name |
| Title | VP-Finance & Controller | Title |
| Phone | 2127995000 | Phone |
| Date Signed | 2011-05-12 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Christine Todd | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 Lincoln Center Plaza | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10023 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 389484452 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.JUILLIARD.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1934 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | The mission of The Juilliard School is to provide the highest caliber of artistic education for gifted musicians, dancers, and actors from around the world so that they may achieve their fullest potential as artists, leaders, and global citizens. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 29 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 28 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2181 | TotalNbrEmployees |
| Total Nbr Volunteers | 15 | TotalNbrVolunteers |
| Total Gross UBI | 125127 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -37412 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 27504217 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 24153384 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 31127221 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 32516387 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -23232811 | InvestmentIncomePriorYear |
| Investment Income Current Year | 4786585 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 459685 | OtherRevenuePriorYear |
| Other Revenue Current Year | -104834 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 35858312 | TotalRevenuePriorYear |
| Total Revenue Current Year | 61351522 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 17689509 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 16398764 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 40119925 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 40132817 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 2709294 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 27620044 | OtherExpensePriorYear |
| Other Expenses Current Year | 34494366 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 85429478 | TotalExpensesPriorYear |
| Total Expenses Current Year | 91025947 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -49571166 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -29674425 | RevenuesLessExpensesCY |
| Total Assets BOY | 915122109 | TotalAssetsBOY |
| Total Assets EOY | 937039386 | TotalAssetsEOY |
| Total Liabilities BOY | 246829348 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 252150844 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 668292761 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 684888542 | NetAssetsOrFundBalancesEOY |
| Mission Description | The mission of The Juilliard School is to provide the highest caliber of artistic education for gifted musicians, dancers, and actors from around the world so that they may achieve their fullest potential as artists, leaders, and global citizens. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 47110856 | Expense |
| Grants | 0 | Grants |
| Revenue | 27855575 | Revenue |
| Description | Juilliard's primary program service accomplishment is providing instruction in music, dance, and drama to approximately 1,000 students in its college and pre-college programs. The expenses associated with provided instruction include compensation (salaries and employment benefits) relating to the educational function of the School, occupancy costs allocable to instruction, teaching materials and services, and instrument maintenance and repair. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 16398764 | Expense |
| Grants | 16398764 | Grants |
| Revenue | 0 | Revenue |
| Description | Providing financial assistance to students is a high priority of the School, so that financial circumstances will not be a barrier to entry for its talented musicians, actors, and dancers. Student assistance includes scholarships, fellowships, prizes, certain grants, and Federal aid grants received and distributed to eligible students. Approximately 84% of the college population of the School (840 students in total) received student assistance during 2009-10. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 5208157 | Expense |
| Grants | 0 | Grants |
| Revenue | 4310234 | Revenue |
| Description | During 2009-10 the School supported its mission of higher education through program services indirectly related to the education of talented musicians, actors and dancers. Such indirect program services include support of student activities and programming and auxiliary services such s the Juilliard Store and the student residence hall, and employee benefit costs. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3755411 | Expense |
| Grants | 0 | Grants |
| Revenue | 95989 | Revenue |
| Description | The School believes performance is a key component to a student's artistic development. As such, it supported performing arts productions of concerts, operas, drama stagings, and dance presentations by the student body to the general public, as well as performing arts programs for primary sand secondary schools. Approximately 800 performances, nearly all of them free of charge, took place during the 2009-10 year. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 3755411 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 0 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 95989 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 72473188 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | 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 | 1 | 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 |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 1327 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 2181 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 29 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 28 | 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 | NY | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Christine Todd VP Finance and Controller | BusinessNameLine1 |
| Business Name Line2 | The Juilliard School | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2127995000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 Lincoln Center Plaza | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10023 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (40 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| Bruce Kovner | ||||||||
| Chairman | 3 | X | 0 | 0 | 0 | |||
| Elizabeth J McCormack | ||||||||
| Vice Chairman | 1 | X | 0 | 0 | 0 | |||
| Julie Anne Choi | ||||||||
| Board Member | 2 | X | 0 | 0 | 0 | |||
| Pamela Daley | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Kenneth S Davidson | ||||||||
| Board Member | 2 | X | 0 | 0 | 0 | |||
| Bernard T Ferrari MD | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Keith R Gollust | ||||||||
| Board Member | 2 | X | 0 | 0 | 0 | |||
| Mary Rodgers Guettel | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Joan W Harris | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Bradley H Jack | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Edward E Johnson Jr | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Sidney R Knafel | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| J Christopher Kojima | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| June Noble Larkin | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Karen M Levy | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Laura Linney | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Vincent A Mai | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| James S Marcus | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Nancy Marks | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Wynton Marsalis | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Stephanie Palmer McClelland | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Lester S Morse Jr | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Katheryn C Patterson | ||||||||
| Board Member | 2 | X | 0 | 0 | 0 | |||
| John J Roberts | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Susan W Rose | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Arthur T Shorin | ||||||||
| Board Member | 2 | X | 0 | 0 | 0 | |||
| Joan S Steinberg | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Saundra Whitney | ||||||||
| Board Member | 1 | X | 0 | 0 | 0 | |||
| Joseph W Polisi | ||||||||
| President | 50 | X | 619314 | 0 | 48110 | X | ||
| Ara Guzelimian | ||||||||
| Provost & Dean | 50 | 297246 | 0 | 49004 | X | |||
| Jon Rosenhein | ||||||||
| Vice President & Chief Operating Officer | 50 | 293225 | 0 | 45104 | X | |||
| Riccardo Salmona | ||||||||
| Vice President for Development & Public Affairs | 50 | 265598 | 0 | 44342 | X | |||
| Laurie A Carter | ||||||||
| Vice President & General Counsel | 50 | 209369 | 0 | 49743 | X | |||
| Christine Todd | ||||||||
| Vice President for Finance & Controller | 50 | 173040 | 0 | 25327 | X | |||
| Joseph Mastrangelo | ||||||||
| Vice President for Facilities Management | 50 | 160531 | 0 | 36700 | X | |||
| David Marcus | ||||||||
| Chief Investment Officer | 50 | 493702 | 0 | 46865 | X | |||
| Yoheved Kaplinsky | ||||||||
| Artistic Director & Piano Faculty | 50 | 244635 | 0 | 24765 | X | |||
| James Houghton | ||||||||
| Artistic Director | 50 | 210414 | 0 | 21000 | X | |||
| Masao Kawasaki | ||||||||
| Violin Faculty | 50 | 195267 | 0 | 30508 | X | |||
| Heidi Castleman | ||||||||
| Viola Faculty | 50 | 191926 | 0 | 22205 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 3354267 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 443673 | TotalOtherCompensation |
| Number Individuals GT100 K | 48 | NumberIndividualsGT100K |
| Formers Listed | 0 | 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 |
|---|---|---|---|---|---|---|
| Lincoln Center Development Project Inc | ||||||
| 1865 Broadway | New York | NY | 10023 | Construction Management | 1604259 | |
| Rockefeller GA Investors | ||||||
| 20 Rockefeller Plaza | New York | NY | 10112 | Investment Management | 332825 | |
| Kelley Drye & Warren LLP | ||||||
| 101 Park Avenue | New York | NY | 10178 | Legal | 257788 | |
| JP Morgan Chase NA | ||||||
| 1111 Polaris Parkway | Columbus | OH | 43240 | Investment Management & Custody | 244433 | Floor 3J |
| Ernst & Young LLP | ||||||
| 5 Times Square | New York | NY | 10036 | Audit | 194000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 12 | NumberOfContractorsGT100K |
| Federated Campaigns | 0 | FederatedCampaigns |
| Membership Dues | 0 | MembershipDues |
| Fundraising Events | 2585634 | FundraisingEvents |
| Related Organizations | 0 | RelatedOrganizations |
| Government Grants | 831906 | GovernmentGrants |
| All Other Contributions | 20735844 | AllOtherContributions |
| Noncash Contributions | 702417 | NoncashContributions |
| Total Contributions | 24153384 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| Tuition & fees | 611310 | 27754117 | 27754117 | 0 | $0 |
| Residence hall | 611710 | 4505878 | 4004726 | 0 | $501,152 |
| User fees, education program | 611710 | 245045 | 245045 | 0 | $0 |
| Student loan income | 900099 | 11347 | 11347 | 0 | $0 |
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 | 32516387 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5763866 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 98932 | UnrelatedBusinessRevenue |
| Exclusion | $5,664,934 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 29013 | TotalRevenueColumn |
| Related Or Exempt Function Income | 29013 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 112500 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $112,500 | ExclusionAmount |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 325469648 | Securities |
| Other | 0 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 326475942 | Securities |
| Other | 0 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -1006294 | Securities |
| Other | 0 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -1006294 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$1,006,294 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 170750 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 2585634 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 631830 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -461080 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$461,080 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 1242709 | GrossSalesOfInventory |
| Cost Of Goods Sold | 1025158 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 217551 | TotalRevenueColumn |
| Related Or Exempt Function Income | 217551 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Advertising revenue | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 26195 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 26195 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Miscellaneous Revenue MiscellaneousRevenue
| 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 Other Revenue | 26195 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 61351522 | TotalRevenueColumn |
| Related Or Exempt Function Income | 32261799 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 125127 | UnrelatedBusinessRevenue |
| Exclusion | $4,811,212 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16398764 | Total |
| Program Services | 16398764 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2239884 | Total |
| Program Services | 669207 | ProgramServices |
| Management And General | 1060820 | ManagementAndGeneral |
| Fundraising | 509857 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30572258 | Total |
| Program Services | 24166079 | ProgramServices |
| Management And General | 5288724 | ManagementAndGeneral |
| Fundraising | 1117455 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1886103 | Total |
| Program Services | 1490885 | ProgramServices |
| Management And General | 326279 | ManagementAndGeneral |
| Fundraising | 68939 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3178270 | Total |
| Program Services | 2512288 | ProgramServices |
| Management And General | 549812 | ManagementAndGeneral |
| Fundraising | 116170 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2256302 | Total |
| Program Services | 1707780 | ProgramServices |
| Management And General | 436621 | ManagementAndGeneral |
| Fundraising | 111901 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 309887 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 264812 | ManagementAndGeneral |
| Fundraising | 45075 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 199250 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 199250 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Fundraising | 0 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2617412 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 2617412 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 535526 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 530459 | ManagementAndGeneral |
| Fundraising | 5067 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 836746 | Total |
| Program Services | 627559 | ProgramServices |
| Management And General | 41838 | ManagementAndGeneral |
| Fundraising | 167349 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1250987 | Total |
| Program Services | 736289 | ProgramServices |
| Management And General | 477934 | ManagementAndGeneral |
| Fundraising | 36764 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 649234 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 649234 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5381259 | Total |
| Program Services | 5073626 | ProgramServices |
| Management And General | 279431 | ManagementAndGeneral |
| Fundraising | 28202 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 80155 | Total |
| Program Services | 36070 | ProgramServices |
| Management And General | 4008 | ManagementAndGeneral |
| Fundraising | 40077 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36034 | Total |
| Program Services | 16215 | ProgramServices |
| Management And General | 1802 | ManagementAndGeneral |
| Fundraising | 18017 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9347509 | Total |
| Program Services | 8412758 | ProgramServices |
| Management And General | 841276 | ManagementAndGeneral |
| Fundraising | 93475 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7120107 | Total |
| Program Services | 6476414 | ProgramServices |
| Management And General | 579980 | ManagementAndGeneral |
| Fundraising | 63713 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1320707 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 1320707 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Concert, opera, drama & dance production | 1490922 | 1490922 | 0 | 0 |
| Auxiliary services (store, cafeteria) | 1474935 | 1474935 | 0 | 0 |
| Instrument acquisition, repair & maintenance | 415584 | 415584 | 0 | 0 |
| Student activities & outreach | 264554 | 264554 | 0 | 0 |
| Miscellaneous | 1163558 | 503259 | 373066 | 287233 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 91025947 | Total |
| Program Services | 72473188 | ProgramServices |
| Management And General | 15843465 | ManagementAndGeneral |
| Fundraising | 2709294 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4386904 | BOY |
| EOY | 2329189 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 56601535 | BOY |
| EOY | 36933815 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41789075 | BOY |
| EOY | 29705551 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2253833 | BOY |
| EOY | 1088728 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1158249 | BOY |
| EOY | 1119246 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 631989 | BOY |
| EOY | 333917 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2903566 | BOY |
| EOY | 3057601 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 254486091 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 53207188 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 191635400 | BOY |
| EOY | 201278903 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 206069002 | BOY |
| EOY | 212684585 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 373836129 | BOY |
| EOY | 440857332 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32195621 | BOY |
| EOY | 5908236 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1660806 | BOY |
| EOY | 1742283 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 915122109 | BOY |
| EOY | 937039386 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18729799 | BOY |
| EOY | 10290316 | 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 | 574773 | BOY |
| EOY | 543547 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 194995000 | BOY |
| EOY | 194995000 | 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 |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32529776 | BOY |
| EOY | 46321981 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 246829348 | BOY |
| EOY | 252150844 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 291727851 | BOY |
| EOY | 304163491 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 117333019 | BOY |
| EOY | 114722005 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 259231891 | BOY |
| EOY | 266003046 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 668292761 | BOY |
| EOY | 684888542 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 915122109 | BOY |
| EOY | 937039386 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | 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 D IRS990ScheduleD
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 | 613526202 | BeginningOfYearBalance |
| Contributions | 22737410 | Contributions |
| Investment Earnings Or Losses | 61108092 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 10443922 | GrantsOrScholarships |
| Other Expenditures | 28026634 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 658901148 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 766148903 | BeginningOfYearBalance |
| Contributions | 22268374 | Contributions |
| Investment Earnings Or Losses | -139340732 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 12224833 | GrantsOrScholarships |
| Other Expenditures | 23325510 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 613526202 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.255 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.745 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | 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 | 2421438 | OtherCostOrOtherBasis |
| Book Value | 2421438 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 33308239 | OtherCostOrOtherBasis |
| Depreciation | 22724843 | Depreciation |
| Book Value | 10583396 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 195759096 | OtherCostOrOtherBasis |
| Depreciation | 21941253 | Depreciation |
| Book Value | 173817843 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 17959125 | OtherCostOrOtherBasis |
| Depreciation | 8541092 | Depreciation |
| Book Value | 9418033 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 5038193 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 5038193 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 201278903 | 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 (8 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| Inflation hedges | 36901994 | F |
| International equity | 44584140 | F |
| Hedged equity | 113644455 | F |
| Event driven investments | 74092650 | F |
| Multi-strategy investments | 64974574 | F |
| Managed futures | 25803118 | F |
| Distressed securities | 19827338 | F |
| Private equity | 61029063 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 440857332 | TotalOfBookValueSecurities |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Investments limited as to use (bond proceeds) | Description |
| Book Value | 5908236 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Program Related | 5908236 | TotalOfBookValueProgramRelated |
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Assets held in trust (split-interest agreements) | Description |
| Book Value | 1742283 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 1742283 | TotalBookValueOtherAssets |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Fair value of interest rate swap agreements | $35,401,426 |
| Liabilities to annuitants | $1,161,782 |
| Liability for investment held for IMA | $8,655,633 |
| Federal loan capital advances | $1,103,140 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 46321981 | TotalOfAmounts |
| Total Revenue | 61351522 | TotalRevenue |
| Total Expenses | 91025947 | TotalExpenses |
| Excess Or Deficit For Year | -29674425 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 59496662 | NetUnrealizedGLOnInvestments |
| Donated Services And Facilities | 0 | DonatedServicesAndFacilities |
| Investment Expenses | 0 | InvestmentExpenses |
| Prior Period Adjustments | 0 | PriorPeriodAdjustments |
| Other | -$13,239,132 | OtherAmount |
| Total Adjustments | 46257530 | TotalAdjustments |
| Excess Or Deficit Per FS | 16583105 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 105723554 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 59496662 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 0 | DonatedSrvcAndUseOfFacilities |
| Recoveries Of Prior Year Grants | 0 | RecoveriesOfPriorYearGrants |
| Other Revenues | 0 | OtherRevenues |
| Revenue Not Rptd F990 | 59496662 | RevenueNotRptdF990 |
| Revenue Subtotal | 46226892 | RevenueSubtotal |
| Investment Expenses Not Included | 2617412 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 12507218 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 15124630 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 61351522 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 89140449 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 0 | DonatedServicesUseOfFacilities |
| Prior Year Adjustments | 0 | PriorYearAdjustments |
| Losses Reported | 0 | LossesReported |
| Other Expenses Included | 13995998 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 13995998 | ExpensesNotRptdF990 |
| Expenses Subtotal | 75144451 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 2617412 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 13264084 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 15881496 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 91025947 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchD_P03_S00_L01 | Schedule D, Part III, Line 1 | The School's collections comprise rare instruments and music manuscripts that are held for educational and curatorial purposes. Each of the items is catalogued, preserved and cared for, and activities verifying their existence and assessing their condition are performed continuously. The collections generally are subject to a policy that requires proceeds from their sales to be used to acquire other items for collections. The collections, which were acquired through purchases and contributions since the School's inception, generally are not recognized as assets in the balance sheets. Purchases of collection items are recorded as decreases in unrestricted net assets in the period in which the items are acquired, or as temporarily or permanently restricted net assets if the assets used to purchase the items are restricted by donors. Contributed collection items are not reflected in the financial statements. Proceeds from deaccessions or insurance recoveries are reflected as increases in the appropriate net asset classes. The value of the School's collections is periodically estimated for insurance purposes. |
| SchD_P03_S00_L04 | Schedule D, Part III, Line 4 | The School's collections include rare musical instruments and historic music manuscripts. Access to these collections provides exceptional educational opportunities to the students attending the School as they prepare for professional careers in the performing arts. Additionally, the collections are held for curatorial purposes, as their preservation and ongoing care is essential to ensuring access to them by future generations of students and scholars. On occasion in connection with a relevant performance, lecture, or presentation, the viewing area for the collection items is opened so visitors to the School may view the items. |
| SchD_P05_S00_L04 | Schedule D, Part V, Line 4 | The School's endowment consists of approximately 500 individual funds established for a variety of purposes including scholarships and student aid, educational programs, and other purposes in support of the School's mission. |
| SchD_P10_S00_L00 | Schedule D, Part X | In 2010, the School adopted the guidance of ASC 740, Accounting for Uncertainty in Income Taxes, which prescribes a threshold of "more likely than not" for recognition and de-recognition of tax positions taken or expected to be taken in a tax return. There was no significant impact to the School's financial statements as a result of the adoption of ASC 740. |
| SchD_P11_S00_L08 | Schedule D, Part XI, Line 8 | Other changes in net assets include change in value of split-interest agreements (+$756,866), change in interest rate swap agreements (-$13,444,853), financing costs related to redeemed bonds payable (-$538,469), and tax depreciation (-$12,676). |
| SchD_P12_S00_L04b | Schedule D, Part XII, Line 4b | Other amounts included in Part VIII, line 12 but not on line 1 include financial aid grants (+$14,263,047), the Juilliard Store's cost of sales (-$1,025,158), change in value of split-interest agreements (-$756,866), and advertising revenue (+$26,195). |
| SchD_P13_S00_L02d | Schedule D, Part XIII, Line 2d | Other expenses included in this form, but not on line 7b include tax depreciation (+$12,676), change in value of interest rate swap agreements (+$13,444,853), and financing costs related to redeemed bonds payable (+$538,469). |
| SchD_P13_S00_L04b | Schedule D, Part XIII, Line 4b | Other amounts in Part IX, line 25 but not on line 1 include financial aid grants (+$14,263,047), advertising revenue (+$26,195), and the Juilliard Store's cost of sales (-$1,025,158). |
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 |
| Pub Via Broadcast Media Expln | Under Rev. Proc. 75-50, 4.03(2)(b), the School would seem to be exempt in that it "customarily draws a substantial percentage of its students nationwide or worldwide from a large geographic section of the U.S. and follows a racially non-discriminitory policy." However, the School's policy of non-discrimination for admissions and financial aid awards is clearly stated in admissions materials sent to all prospective students. | PubViaBroadcastMediaExpln |
| 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 |
| Govt Financial Aid Explanation | The School participates in the following federal programs: CWS, Pell Grant, SEOG, Academic Competitiveness Grants, Javits Fellowships, Federal Direct Student Loans, and Perkins Loans. At the state level, it has been the recipient of New York Aid to Non-Public Colleges ("Bundy Funds") and library grants. | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (8 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | The Historical Performance department, in full support of its mission to develop and educate student performers, conducted master classes, auditions, and recruitment activities in various cities to identify potential candidates for admission to the School. | 13978 |
| Central America and the Caribbean | 0 | 0 | Program Services | The Jazz division toured to Costa Rica and Colombia in full support of the School's mission to educate student performers. | 9090 |
| South America | 0 | 0 | Program Services | Juilliard Global is an exploratory initiative to provide program services in various countries around the globe. Preliminary meetings and planning took place during 2009-10 in Brazil and Mexico. | 9078 |
| North America (including Canada and Mexico, but not the United States) | 0 | 0 | Fundraising | Certain officers visited Mexico for donor cultivation during the year. | 8828 |
| East Asia and the Pacific | 0 | 0 | Program Services | The Jazz division toured to Japan during the 2009-10 fiscal year, in full support of the School's mission to educate talented young musicians. | 3008 |
| Europe (including Iceland and Greenland) | 0 | 0 | Program Services | A representative of the Juilliard library traveled to Amsterdam to attend a conference of music librarians, in full support of the School's mission to provide educational services. | 1197 |
| Europe (including Iceland and Greenland) | 0 | 0 | Investments | 0 | |
| Central America and the Caribbean | 0 | 0 | Investments | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Total Amount Spent | 45179 | TotalAmountSpent |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Benefit Gala | NameOfEvent1 |
| Gross Receipts Event1 | 2756384 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 2585634 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 170750 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 0 | CashPrizesEvent1 |
| Non Cash Prizes Event1 | 0 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 59698 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 168533 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 28195 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 375404 | OtherDirectExpensesEvent1 |
| Food And Beverage Other Events | 0 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 0 | EntertainmentOtherEvents |
| Gross Receipts Total | 2756384 | GrossReceiptsTotal |
| Charitable Contributions Total | 2585634 | CharitableContributionsTotal |
| Gross Revenue Total Events | 170750 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 0 | CashPrizesTotalEvents |
| Non Cash Prizes Total Events | 0 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 59698 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 168533 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 28195 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 375404 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 631830 | DirectExpenseSummaryEvents |
| Net Income Summary | -461080 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (5 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|---|
| Student scholarships | 794 | 14431047 | 0 | FMV | |
| Federal financial aid grants and allocations | 163 | 896021 | 0 | FMV | |
| Fellowships | 174 | 621339 | 0 | FMV | |
| Prizes and living expense grants | 69 | 210377 | 9280 | FMV | Non-cash living expense grants |
| Other grants | 6 | 230700 | 0 | FMV |
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 | As federally mandated, the School prepares annually a student cost of attendance budget, which includes tuition, room and board, and an estimate for the cost of books, supplies, transportation, and personal expenses. The School then awards federal, state and institutional aid based upon the cost of attendance and the family's expected contribution, as determined by the Federal needs analysis formula. Students do not receive funding in excess of the cost of attendance, and in cases where outside grants are received, student self-help aid (i.e. loans and work-study) is reduced first to ensure that aid is not over-awarded. Students must document additional educationally-related expenses in order to receive funding above their unmet need. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Travel For Companions | X | TravelForCompanions |
| Discretionary Spending Account | X | DiscretionarySpendingAccount |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| 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 (12 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Joseph W Polisi | |||||||||||||
| 592976 | 0 | 0 | 0 | 26338 | 0 | 24500 | 0 | 25086 | 0 | 668900 | 0 | 0 | 0 |
| Ara Guzelimian | |||||||||||||
| 297246 | 0 | 0 | 0 | 0 | 0 | 24500 | 0 | 25938 | 0 | 347684 | 0 | 0 | 0 |
| Jon Rosenhein | |||||||||||||
| 293225 | 0 | 0 | 0 | 0 | 0 | 24500 | 0 | 22014 | 0 | 339739 | 0 | 0 | 0 |
| Riccardo Salmona | |||||||||||||
| 265598 | 0 | 0 | 0 | 0 | 0 | 23150 | 0 | 22594 | 0 | 311342 | 0 | 0 | 0 |
| Laurie A Carter | |||||||||||||
| 209369 | 0 | 0 | 0 | 0 | 0 | 22079 | 0 | 29106 | 0 | 260554 | 0 | 0 | 0 |
| Christine Todd | |||||||||||||
| 173040 | 0 | 0 | 0 | 0 | 0 | 17512 | 0 | 9017 | 0 | 199569 | 0 | 0 | 0 |
| Joseph Mastrangelo | |||||||||||||
| 160531 | 0 | 0 | 0 | 0 | 0 | 16424 | 0 | 21633 | 0 | 198588 | 0 | 0 | 0 |
| David Marcus | |||||||||||||
| 343702 | 0 | 150000 | 0 | 0 | 0 | 24500 | 0 | 24033 | 0 | 542235 | 0 | 0 | 0 |
| Yoheved Kaplinsky | |||||||||||||
| 244635 | 0 | 0 | 0 | 0 | 0 | 18785 | 0 | 6865 | 0 | 270285 | 0 | 0 | 0 |
| James Houghton | |||||||||||||
| 210414 | 0 | 0 | 0 | 0 | 0 | 21000 | 0 | 1407 | 0 | 232821 | 0 | 0 | 0 |
| Masao Kawasaki | |||||||||||||
| 195267 | 0 | 0 | 0 | 0 | 0 | 14855 | 0 | 17104 | 0 | 227226 | 0 | 0 | 0 |
| Heidi Castleman | |||||||||||||
| 157593 | 0 | 0 | 0 | 34333 | 0 | 13972 | 0 | 9508 | 0 | 215406 | 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 | The School on extremely infrequent occasions provides non-coach (generally business-class, although first-class may be used if business-class is unavailable) travel for its officers for travel to international destinations, in accordance with the School's policy. Such travel is in direct support of the School's educational and performance programs (such as, for example, an international performance tour of the student orchestra). Also, on occasion the School provides transportation for the spouse of the President to attend, on behalf of the School, functions or other events together with the President in direct support and furtherance of the School's mission. Six individuals listed in Part VIIA have access to a discretionary fund for costs incurred in support of the School's educational and artistic purposes. Such costs must be documented and must be in compliance with the School's policies regarding allowable business expenses. Finally, in accordance with the terms of his employment, the President has non-exclusive access to use an apartment within the School's residence facility. However, his actual use of the apartment is extremely infrequent, and he did not use it for personal use during the reporting period. The apartment is used primarily to house visiting teachers and artists engaged to teach at the School and is occupied for most of the year for this purpose. |
| SchJ_P01_S00_L03 | Schedule J, Part I, Line 3 | An employment contract is executed between the School and its President, the terms of which are subject to review by the Board of Trustees. At the end of the contract's term, when deciding the terms under which the contract may be renewed or extended, the Compensation Committee of the Board of Trustees, with the assistance of an outside compensation expert, conducts research among peer institutions and documents the findings and decisions reached. The compensation of officers and other key employees is reviewed annually by the Compensation Committee prior to the start of each fiscal year, and questions, objections, and the resolution of each is documented. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Trust for Cultural Resources of the City of New York | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 911882413 | IssuerEIN |
| CUSIP Number | 649717PS8 | CUSIPNumber |
| Date Issued | 2009-04-01 | DateIssued |
| Issue Price | 194247740 | IssuePrice |
| Description Of Purpose | To finance a portion of construction, expansion, and renovation of the School's facility. | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 194295034 | TotalProceeds |
| Amount In Reserve Fund | 0 | AmountInReserveFund |
| Amount Defeased | 160000000 | AmountDefeased |
| Amount Unspent | 5908235 | AmountUnspent |
| Issuance Costs From Proceeds | 1904059 | IssuanceCostsFromProceeds |
| Working Capital Expenditures | 0 | WorkingCapitalExpenditures |
| Capital Expenditures | 26482740 | CapitalExpenditures |
| Year Of Subst Completion | 2010 | YearOfSubstCompletion |
| Current Refunding | 1 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 0 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 1 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | 1 | BondCounselRoutinelyEngaged |
| Prcntge Prvt Business Use By Others | 0.0 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.001 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.001 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 0 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 17 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 667917 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Mean trading price on date of gift | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | Musical Instruments | Description |
| Number Of Contributions | 4 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 34500 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Expert opinion | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 5 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| F990_P06_S0B_L11 | Form 990, Part VI, Section B, Line 11 | Following completion of a draft Form 990 by management and review by an outside accounting firm, the School provides a draft copy of its Form 990 to the Audit Committee and subsequently to the Board of Trustees prior to filing. It solicits questions and comments from the governing board, and any matters raised in this review process are addressed prior to filing the Form 990. |
| F990_P06_S0B_L12c | Form 990, Part VI, Section B, Line 12c | In December of each year, all Trustees complete conflict of interest declarations. The declarations are submitted to the Secretary (the School's Vice President for Development and Public Affairs) who reviews the declarations and maintains them. Additionally, if Trustees are elected during the year, each completes a conflict of interest declaration upon election. Any conflicts or potential conflicts are reviewed by the Audit Committee, and if the Committee determines that a potential conflict of interest exists, the matter is referred to the Board for resolution as applicable based on the circumstances of the matter at hand. The Trustee affected by the potential conflict may not be present nor participate in the discussion of the matter and may not vote on the issue. The School may enter into the proposed transaction or relationship only if the Board approves it in accordance with the procedures described above. |
| F990_P06_S0B_L15 | Form 990, Part VI, Section B, Line 15 | An employment contract is executed between the School and its President, the terms of which are subject to review by the Board of Trustees. At the end of the contract's term, when deciding the terms under which the contract may be renewed or extended, the Compensation Committee of the Board of Trustees, with the assistance of an outside compensation expert, conducts research among peer institutions and documents the findings and decisions reached. The compensation of other officers and key employees is reviewed annually by the Compensation Committee prior to the start of each fiscal year, and questions, objections, and the resolution of each is documented. Compensation of the following officers was last reviewed during [year]: President (Joseph W. Polisi), Provost & Dean (Ara Guzelimian), Vice President & Chief Operating Officer (Jon Rosenhein), Vice President for Development & Public Affairs (Riccardo Salmona), Vice President & General Counsel (Laurie Carter), Chief Investment Officer (David Marcus), Vice President for Finance & Controller (Christine Todd), and Vice President for Facilities Management (Joseph Mastrangelo). |
| F990_P06_S0C_L19 | Form 990, Part VI, Section C, Line 19 | All policies of the School applicable to employees are disclosed in the Staff and Faculty Handbooks and accompanying statements, all of which are posted on the School's website for staff and faculty members -- and anyone else -- to review. The School makes its annual audited financial statements available upon request to any interested parties. The conflict of interest policy applicable to Trustees is provided to each Trustee annually in connection with the conflict of interest declaration process discussed in Part VI, Section B, but it is not published on the website. |
| F990_P10_S00_L02 | Form 990, Part X, Line 2 | The School modified the categories of its investment reporting in its 2009-10 audited financial statements and footnotes. As such, certain highly liquid cash-equivalent investments are now reflected as as "Savings and temporary cash investments" in Part X instead of as "Investments-publicly traded securities." The change affects the beginning of year balance for lines 2, 11, and 12, but the total amount of investments on these lines remains unchanged. |
| SchG_P02_S00_L01 | Schedule G, Part II, Line 1 | The School only had one fundraising event during the year with gross receipts greater than $5,000. |
| SchK_P02_S00_L03 | Schedule K, Part II, Line 3 | The School issued $160,000,000 of tax-exempt auction rate securities in 2006 to finance a portion of construction, expansion and renovation of its facility. In July of 2008 the securities were fully redeemed by the School with proceeds from a taxable bridge loan. In April 2009 the School issued $194,995,000 of tax-exempt securities for the same purpose: to finance a portion of construction, expansion, and renovation of its facility, and it used $160,000,000 of the proceeds to retire the taxable bridge loan. |
| SchK_P02_S00_L05 | Schedule K, Part II, Line 5 | Issuance costs from proceeds includes bond insurance costs of $1,238,550. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Institute of Musical Art | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 Lincoln Center Plaza | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10023 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 136162648 | EIN |
| Primary Activities | Support of The Juilliard School | PrimaryActivities |
| Legal Domicile State | NY | LegalDomicileState |
| Exempt Code Section | 501(c)(3) | ExemptCodeSection |
| Public Charity Status | 11a | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 1 | 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 | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |