Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $21,794,317

• 1g · Noncash contributions included above

  $3,078,807

• 2a · Program service revenue: TUITION AND FEES

  total $21,429,098 · related or exempt $21,429,098

• 2b · Program service revenue: MISCELLANEOUS

  total $392,459 · related or exempt $392,459

• 2c · Program service revenue: AUXILIARY ENTERPRISES

  total $176,249 · related or exempt $176,249

• 3 · Investment income

  total $2,560,177 · excluded $2,560,177

• 7a · Gross sales of assets other than inventory

  securities $48,016,704 · other assets $16,000

• 7b · Less cost or other basis and sales expenses

  securities $52,211,038 · other assets $0

• 7c · Gain or loss

  securities -$4,194,334 · other assets $16,000

• 7d · Net gain or loss

  total -$4,178,334 · excluded -$4,178,334

• 8a · Fundraising events: gross income

  $35,990

• 8b · Fundraising events: direct expenses

  $179,188

• 8c · Net income from fundraising events

  total -$143,198 · excluded -$143,198

• 10a · Gross sales of inventory

  $214,589

• 10b · Cost of goods sold

  $167,540

• 10c · Net income from sales of inventory

  total $47,049 · excluded $47,049

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $5,948,420 · program services $5,948,420

• 5 · Compensation of officers, directors and key employees

  total $971,642 · management and general $971,642

• 7 · Other salaries and wages

  total $10,519,868 · program services $7,398,287 · management and general $1,846,155 · fundraising $1,275,426

• 8 · Pension plan contributions

  total $1,139,878 · program services $865,003 · management and general $117,263 · fundraising $157,612

• 9 · Other employee benefits

  total $1,780,361 · program services $1,305,703 · management and general $236,747 · fundraising $237,911

• 10 · Payroll taxes

  total $817,548 · program services $569,831 · management and general $143,888 · fundraising $103,829

• 11b · Fees: legal

  total $110,528 · management and general $110,528

• 11c · Fees: accounting

  total $50,025 · management and general $50,025

• 11f · Fees: investment management

  total $932,353 · management and general $932,353

• 11g · Fees: other

  total $2,327,625 · program services $2,140,913 · management and general $175,424 · fundraising $11,288

• 12 · Advertising and promotion

  total $243,493 · management and general $243,493

• 13 · Office expenses

  total $335,773 · program services $33,490 · management and general $257,871 · fundraising $44,412

• 14 · Information technology

  total $311,202 · management and general $311,202

• 16 · Occupancy

  total $2,122,738 · program services $1,479,548 · management and general $373,602 · fundraising $269,588

• 17 · Travel

  total $493,697 · program services $309,857 · management and general $105,079 · fundraising $78,761

• 19 · Conferences, conventions and meetings

  total $388,159 · program services $120,100 · management and general $70,923 · fundraising $197,136

• 20 · Interest

  total $529,200 · management and general $529,200

• 22 · Depreciation, depletion and amortization

  total $3,585,920 · program services $3,295,558 · management and general $267,704 · fundraising $22,658

• 23 · Insurance

  total $573,056 · program services $24,400 · management and general $548,656

• 24a · Other expenses: OTHER EXPENSES

  total $657,639 · program services $445,759 · management and general $166,330 · fundraising $45,550

• 24b · Other expenses: SUPPLIES

  total $425,980 · program services $394,466 · management and general $19,698 · fundraising $11,816

• 24c · Other expenses: MEMBERSHIPS

  total $83,060 · program services $42,072 · management and general $34,841 · fundraising $6,147

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $50,431,162 · end of year $48,721,370

• 3 · Pledges and grants receivable

  beginning of year $4,818,504 · end of year $13,089,361

• 4 · Accounts receivable

  beginning of year $6,865 · end of year $7,377

• 8 · Inventories for sale or use

  beginning of year $117,497 · end of year $139,316

• 9 · Prepaid expenses and deferred charges

  beginning of year $140,521 · end of year $139,934

• 10a · Land, buildings and equipment: cost or other basis

  $106,971,920

• 10b · Land, buildings and equipment: accumulated depreciation

  $74,909,929

• 10c · Land, buildings and equipment, net

  beginning of year $27,159,556 · end of year $32,061,991

• 11 · Investments: publicly traded securities

  beginning of year $150,773,726 · end of year $161,886,531

• 12 · Investments: other securities

  beginning of year $20,255,040 · end of year $22,925,720

• 15 · Other assets

  beginning of year $416,408 · end of year $480,516

• 17 · Accounts payable and accrued expenses

  beginning of year $5,004,841 · end of year $6,783,543

• 19 · Deferred revenue

  beginning of year $5,709,257 · end of year $5,025,706

• 20 · Tax-exempt bond liabilities

  beginning of year $14,153,167 · end of year $12,873,488

• 27 · Net assets without donor restrictions

  beginning of year $47,144,114 · end of year $57,854,768

• 28 · Net assets with donor restrictions

  beginning of year $182,107,900 · end of year $196,914,611

The filer's explanations (Part III)

PART I, LINE 1A

HEAD OF SCHOOL IS PROVIDED A PERSONAL RESIDENCE ON SCHOOL PREMISES FOR USE FOR THE CONVENIENCE OF THE SCHOOL AND AS A CONDITION OF EMPLOYMENT. FAIR RENTAL VALUE AND UPKEEP EXPENSES ARE INCLUDED AS NONTAXABLE BENEFITS TO THE EXTENT ALLOCABLE TO NONBUSINESS USE.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• CHARITABLE REMAINDER UNITRUST (1)

  T · INVESTMENT · NY

• POOLED INCOME FUND (1)

  T · INVESTMENT · NY

• SEGREGATED GIFT ANNUITY FUND (1)

  T · INVESTMENT · NY