Form 990 for tax year 2024

Filed by TEACHERS COLLEGE COLUMBIA UNIVERSITY.

Totals

Total revenue: $289,824,312
Total expenses: $270,528,281
Contributions and grants received: $53,362,246
Grants paid: $41,053,558
Program service revenue: $203,495,111
Investment income: $27,958,372
Other revenue: $5,008,583
Total assets, end of year: $827,943,498
Total liabilities, end of year: $154,162,161
Net assets or fund balances, end of year: $673,781,337
Program services expenses (Part IX): $222,681,681
Management and general expenses: $42,224,671
Fundraising expenses: $5,621,929
Program service expenses (Part III): $222,681,681

Program services were 82.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1e · Government grants (contributions)

$15,695,982
1f · All other contributions, gifts and grants

$37,666,264
1g · Noncash contributions included above

$1,976,338
2a · Program service revenue: Tuition and fees

total $169,235,869 · unrelated business $0 · excluded $0
2b · Program service revenue: Auxiliary activities

total $21,121,256 · unrelated business $0 · excluded $0
2c · Program service revenue: Fee for Service - Govts

total $7,686,461 · unrelated business $0 · excluded $0
2d · Program service revenue: Fee for Service - Non Govt

total $5,163,010 · unrelated business $0 · excluded $0
2e · Program service revenue: Curriculm & Project Dvlp & Collaborations

total $253,269 · unrelated business $0 · excluded $0
2f · All other program service revenue

total $35,246 · unrelated business $0 · excluded $0
3 · Investment income

total $10,528,498 · unrelated business $0 · excluded $10,528,498
4 · Income from investment of tax-exempt bond proceeds

total $39,320 · related or exempt $0 · unrelated business $0 · excluded $39,320
5 · Royalties

total $589,913 · related or exempt $0 · unrelated business $0 · excluded $589,913
7a · Gross sales of assets other than inventory

securities $87,124,403
7b · Less cost or other basis and sales expenses

securities $69,733,849
7c · Gain or loss

securities $17,390,554
7d · Net gain or loss

total $17,390,554 · related or exempt $0 · unrelated business $0 · excluded $17,390,554
10a · Gross sales of inventory

$3,527,200
10b · Cost of goods sold

$595,023
10c · Net income from sales of inventory

total $2,932,177 · excluded $2,932,177
11a · Other revenue: 457(b) Net Inv. earnings

total $232,766 · related or exempt $0 · unrelated business $0 · excluded $232,766
11b · Other revenue: Editorial Services

total $200,000 · related or exempt $0 · unrelated business $0 · excluded $200,000
11c · Other revenue: Licensing

total $497,980 · related or exempt $0 · unrelated business $0 · excluded $497,980
11d · All other revenue

total $555,747 · related or exempt $0 · unrelated business $0 · excluded $555,747
11e · Other revenue, total

$1,486,493

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $150,300 · program services $150,300
2 · Grants to domestic individuals

total $40,903,258 · program services $40,903,258
5 · Compensation of officers, directors and key employees

total $4,539,781 · program services $836,375 · management and general $3,130,353 · fundraising $573,053
7 · Other salaries and wages

total $118,084,137 · program services $97,448,093 · management and general $18,508,688 · fundraising $2,127,356
8 · Pension plan contributions

total $10,270,362 · program services $8,496,352 · management and general $1,586,101 · fundraising $187,909
9 · Other employee benefits

total $22,745,856 · program services $18,161,421 · management and general $3,297,881 · fundraising $1,286,554
10 · Payroll taxes

total $8,651,238 · program services $7,062,222 · management and general $1,418,795 · fundraising $170,221
11b · Fees: legal

total $611,185 · program services $26,226 · management and general $577,459 · fundraising $7,500
11c · Fees: accounting

total $561,587 · program services $0 · management and general $550,422 · fundraising $11,165
11d · Fees: lobbying

total $160,524 · program services $160,524 · management and general $0 · fundraising $0
11e · Fees: professional fundraising services

total $334,997 · fundraising $334,997
11f · Fees: investment management

total $4,097,424 · program services $0 · management and general $4,097,424 · fundraising $0
11g · Fees: other

total $19,390,047 · program services $16,596,419 · management and general $2,716,587 · fundraising $77,041
12 · Advertising and promotion

total $2,152,761 · program services $2,135,892 · management and general $15,428 · fundraising $1,441
13 · Office expenses

total $4,874,479 · program services $3,854,016 · management and general $671,074 · fundraising $349,389
14 · Information technology

total $6,542,588 · program services $4,910,112 · management and general $1,332,521 · fundraising $299,955
15 · Royalties

total $545,130 · program services $545,130 · management and general $0 · fundraising $0
16 · Occupancy

total $4,500,201 · program services $3,711,761 · management and general $760,838 · fundraising $27,602
17 · Travel

total $1,037,811 · program services $937,860 · management and general $81,532 · fundraising $18,419
19 · Conferences, conventions and meetings

total $2,475,380 · program services $2,096,546 · management and general $342,943 · fundraising $35,891
20 · Interest

total $3,196,207 · program services $3,121,459 · management and general $65,178 · fundraising $9,570
22 · Depreciation, depletion and amortization

total $9,929,272 · program services $9,177,418 · management and general $663,465 · fundraising $88,389
23 · Insurance

total $1,041,410 · program services $0 · management and general $1,041,410 · fundraising $0
24a · Other expenses: Printing and publications

total $75,000 · program services $75,000 · management and general $0 · fundraising $0
24b · Other expenses: Repairs & Maintenance

total $1,066,960 · program services $1,016,244 · management and general $45,824 · fundraising $4,892
24c · Other expenses: Professional Dvlp & Membership Fees

total $736,464 · program services $480,513 · management and general $245,670 · fundraising $10,281
24d · Other expenses: Dissertation Fees

total $603,028 · program services $603,028 · management and general $0 · fundraising $0
24e · All other expenses

total $1,250,894 · program services $175,512 · management and general $1,075,078 · fundraising $304

Balance sheet

Part X, book values.

2 · Savings and temporary cash investments

beginning of year $29,844,045 · end of year $46,398,719
3 · Pledges and grants receivable

beginning of year $34,712,449 · end of year $30,475,579
4 · Accounts receivable

beginning of year $5,030,352 · end of year $5,709,828
7 · Other notes and loans receivable

beginning of year $2,707,370 · end of year $2,532,061
8 · Inventories for sale or use

beginning of year $651,189 · end of year $727,416
9 · Prepaid expenses and deferred charges

beginning of year $2,903,500 · end of year $1,177,245
10a · Land, buildings and equipment: cost or other basis

$400,895,849
10b · Land, buildings and equipment: accumulated depreciation

$279,161,203
10c · Land, buildings and equipment, net

beginning of year $126,462,342 · end of year $121,734,646
11 · Investments: publicly traded securities

beginning of year $203,475,635 · end of year $190,614,397
12 · Investments: other securities

beginning of year $365,826,992 · end of year $423,410,260
15 · Other assets

beginning of year $819,015 · end of year $5,163,347
17 · Accounts payable and accrued expenses

beginning of year $17,817,246 · end of year $17,215,129
19 · Deferred revenue

beginning of year $14,826,677 · end of year $20,072,595
20 · Tax-exempt bond liabilities

beginning of year $94,162,530 · end of year $91,052,206
25 · Other liabilities

beginning of year $30,993,406 · end of year $25,822,231
27 · Net assets without donor restrictions

beginning of year $232,164,596 · end of year $264,855,177
28 · Net assets with donor restrictions

beginning of year $382,468,434 · end of year $408,926,160

Mission and programs · 2024

Mission

Teachers College, Columbia Universitys (TC or the College) mission is to empower committed learners and leaders to build a smarter, healthier, more just and equitable world through multidisciplinary knowledge creation, policy engagement, and practice innovations across education, psychology, and health.

Activities or mission (Part I)

See additional information Part I, Line 1

Instruction: Teachers College is the first and largest graduate school of education in the United States. Since its inception, the College has viewed education holistically, with the conviction that education must work in tandem with efforts to improve and ensure the health and psychological wellbeing of individuals and communities. Thus, in addition to focusing on PK-12 classroom education, Teachers College has helped forge and advance fields of inquiry such as education psychology, nutrition education, special education, conflict resolution, adult learning, movement sciences and many more areas in human development. Throughout history and contemporary discourse, the College has been at the forefront of innovative ideas and inquiry designed to create opportunity for all individuals across the lifespan. Today, approximately a third of TCs tenure track faculty are psychologists and health educators (153 full-time faculty). The College continues to take a multidisciplinary approach through its 45 academic programs in 10 departments across education, health and psychology. The College continues to receive high marks for its academic offerings. In 2016, the Middle States Commission for Higher Education emphatically renewed the institutions accreditation for the next ten years, affirming the Colleges efforts to shape 21st-century approaches to teaching and learning through a research-inspired multi-disciplinary approach, blending both theory and practice and responsiveness to emerging societal issues surrounding education. In 2021, the Association for Advancing Quality in Educator Preparation (AAQEP), founded in 2017, granted full, seven-year accreditation to TCs educator preparation programs. Issued with no recommendations for improvements, the accreditation was accompanied by an official commendation citing the quality of [TCs] programs . . . and deep, responsive, inquiry-based engagement with schools and learners in New York City. Additionally, in 2024, Teachers College tied as the #1 graduate school of education according to U.S. News and World Report and in 2025 as the #2 school.

Expenses $119,105,908 · Grants $300 · Revenue $169,235,869
Research, Training and Public Service: Teachers Colleges faculty includes some of the most internationally prominent and respected scholars, researchers and practitioners in their various fields. Our faculty examine a diverse range of topics, including the impact of poverty on the brain, the legal basis for a constitutional right to education, artificial intelligence in education, gun violence prevention in schools, the impact of microaggressions on wellbeing and language development related to autism. TCs Vice Dean for Research continues to lead efforts to strengthen the institutional infrastructure to support faculty and their work. TCs annual external funded research and training expenditures for FY25 were in excess of $44 million with major funding provided by the US National Science Foundation, the U.S. Department of Education, the US Department of Health & Human Services, the Bezos Family Foundation and other public and non-profit institutions. With a critical voice in national and global discourse, TC emphasizes public and community engagement as opportunities for faculty, staff and students to implement the Colleges values into practice for public good. The Colleges Digital Futures Institute continues to gain momentum as an interdisciplinary hub that explores innovative uses of technology through teaching, research and public engagement. Faculty engaged in policy research are thought leaders and influencers in early childhood education, community colleges, social services, school finance, national learning standards and funding of national health programs. The College brings academic experts and other thought leaders on a range of issues to campus through visiting professorships, named lectures and other events. TC faculty are also widely known for innovative curriculum development in academic subjects; school-based health education; nutrition education; organizational psychology; developmental psychology; and more. Teachers College partners with the local community through several innovative school partnerships. The Teachers College Community School (TCCS), located in West Harlem, provides expertise, academic enrichment and support throughout the school, specifically: professional development for teachers; development and evaluation of curriculum; and academic enrichment. More than 20 TC students participate in programs at TCCS during each academic semester. Through TCs Edmund W. Gordon Institute for Advanced Study, which celebrated its 50th year in 2023, the College also supports the university-assisted community school initiative called Raising Educational Achievement of Harlem (REACH), which brings together community-based organizations and institutional partners to provide academic support and enrichment, mentoring, and mental health support at local schools. REACH supports more than 800 students in three partner schools in Central Harlem.

Expenses $44,644,452 · Grants $775,612 · Revenue $12,849,471
Auxiliary Enterprises: Provides a convenient source of meals and lodging for students enhancing their College experience. Another major component of auxiliary enterprises is the Teachers College Press. Established in 1904 as the Bureau of Publications, the Press is one of the oldest and most distinguished publishers of educational materials in the United States. Since 1965, when the Bureau of Publications became Teachers College Press, its primary purpose has been to publish works that respond to, examine, and confront issues and change pertaining to education and the educational process. Over the years, the publication program has included scholarly and professional works in all areas of education-from early childhood and curriculum to philosophy and critical theory; from assessment and school reform to parenting and social issues. It now publishes more than 65 titles a year with more than 1,350 titles in print. Among the Presss authors are many of the most distinguished educators from throughout the world, including members of the Teachers College faculty.

Expenses $21,957,415 · Revenue $20,290,978
Academic Support: Provides support services for the Colleges primary mission of instruction, research and public service. The College provides students with access to its Gottesman Libraries, one of the nations largest and most comprehensive research libraries in education. The collections reflect TCs commitment to advanced study in education, psychology, and the health professions. The library has developed extensive collections including 500,000 printed volumes and Substantial non-print collections.

Expenses $22,848,268 · Grants $150,000
Student Services: Contributes to a students emotional and physical well-being and intellectual and social development. The College awarded approximately $40 million in financial aid in FY25, has roughly 5,400 students and over 46 student organizations. The Graduate Writing Center (GWC) provided more than 1,200 support sessions in FY25. GWC holds weekly writing groups for students and workshops each semester on topics such as literature review, APA formatting, and notetaking.

Expenses $14,125,638

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Thomas Bailey

President & Trustee

Total calculated

$946,120

From this org

$792,900

From related orgs

$0

Other

$153,220

Hours/week

40

Schedule J breakdown matched by us

Base

$628,554

Bonus

$0

Other

$164,346

Deferred

$44,850

Nontaxable benefits

$110,523

Filer's total

$948,273
Sharon Kagan

Professor Early Childhood&Family Policy

Total calculated

$500,272

From this org

$440,106

From related orgs

$0

Other

$60,166

Hours/week

40

Schedule J breakdown matched by us

Base

$255,366

Bonus

$0

Other

$184,741

Deferred

$38,500

Nontaxable benefits

$22,697

Filer's total

$501,304
KerryAnn O'Meara

VP for Academic Affairs, Provost, and Dean

Total calculated

$498,293

From this org

$465,077

From related orgs

$0

Other

$33,216

Hours/week

40

Schedule J breakdown matched by us

Base

$353,856

Bonus

$0

Other

$111,221

Deferred

$31,062

Nontaxable benefits

$2,474

Filer's total

$498,613
Lisa Seales

Vice President for Administration

Total calculated

$468,224

From this org

$359,101

From related orgs

$0

Other

$109,123

Hours/week

40

Schedule J breakdown matched by us

Base

$293,067

Bonus

$0

Other

$66,034

Deferred

$34,500

Nontaxable benefits

$75,654

Filer's total

$469,255
Henry Perkowski

VP for Finance and Operations

Total calculated

$456,964

From this org

$361,987

From related orgs

$0

Other

$94,977

Hours/week

40

Schedule J breakdown matched by us

Base

$318,287

Bonus

$0

Other

$43,700

Deferred

$48,300

Nontaxable benefits

$47,708

Filer's total

$457,995
Tamara Britt

VP & General Counsel & Interim VP IA

Total calculated

$444,230

From this org

$386,426

From related orgs

$0

Other

$57,804

Hours/week

40

Schedule J breakdown matched by us

Base

$318,109

Bonus

$0

Other

$68,317

Deferred

$34,500

Nontaxable benefits

$24,335

Filer's total

$445,261
Andrew Gordon

Professor of Movement Science and Education

Total calculated

$421,930

From this org

$332,486

From related orgs

$0

Other

$89,444

Hours/week

40

Schedule J breakdown matched by us

Base

$179,682

Bonus

$0

Other

$152,804

Deferred

$38,750

Nontaxable benefits

$51,665

Filer's total

$422,901
Kimberly Noble

Professor of Neuroscience and Education

Total calculated

$416,678

From this org

$331,456

From related orgs

$0

Other

$85,222

Hours/week

40

Schedule J breakdown matched by us

Base

$162,448

Bonus

$0

Other

$169,008

Deferred

$34,500

Nontaxable benefits

$51,602

Filer's total

$417,558
Janice Robinson

VP Diversity & Comm. Affairs

Total calculated

$405,244

From this org

$342,113

From related orgs

$0

Other

$63,131

Hours/week

40

Schedule J breakdown matched by us

Base

$266,571

Bonus

$0

Other

$75,542

Deferred

$39,565

Nontaxable benefits

$24,596

Filer's total

$406,274
Catherine Embree

Chief of Staff and Secretary of the College

Total calculated

$393,814

From this org

$331,551

From related orgs

$0

Other

$62,263

Hours/week

40

Schedule J breakdown matched by us

Base

$281,496

Bonus

$0

Other

$50,055

Deferred

$41,945

Nontaxable benefits

$21,349

Filer's total

$394,845
Tani Castaneda

VP of Enrollment & Student Success

Total calculated

$390,607

From this org

$356,107

From related orgs

$0

Other

$34,500

Hours/week

40

Schedule J breakdown matched by us

Base

$313,427

Bonus

$0

Other

$42,680

Deferred

$34,500

Nontaxable benefits

$119

Filer's total

$390,726
Ruth Vinz

Enid & Lester Morse Prof. in Teacher Education

Total calculated

$384,140

From this org

$316,706

From related orgs

$0

Other

$67,434

Hours/week

40

Schedule J breakdown matched by us

Base

$234,305

Bonus

$0

Other

$82,401

Deferred

$41,892

Nontaxable benefits

$26,573

Filer's total

$385,171
Paulo Blikstein

Assoc. Prof. of Technology, Media & Learning

Total calculated

$378,796

From this org

$330,419

From related orgs

$0

Other

$48,377

Hours/week

40

Schedule J breakdown matched by us

Base

$155,467

Bonus

$0

Other

$174,952

Deferred

$29,965

Nontaxable benefits

$19,161

Filer's total

$379,545
Roberta Albert

Vice President for Institutional Advancement

Total calculated

$286,913

From this org

$263,772

From related orgs

$0

Other

$23,141

Hours/week

40

Schedule J breakdown matched by us

Base

$200,024

Bonus

$0

Other

$63,748

Deferred

$23,122

Nontaxable benefits

$542

Filer's total

$287,436
Valerie Rockefeller

Trustee

Total calculated

$0

Hours/week

3
Geoffrey J Colvin

Trustee

Total calculated

$0

Hours/week

3
Patricia Green

Trustee

Total calculated

$0

Hours/week

3
Joshua Solomon

Trustee

Total calculated

$0

Hours/week

1
Eduardo J Marti

Trustee

Total calculated

$0

Hours/week

3
Dailey Pattee

Trustee

Total calculated

$0

Hours/week

3
William D Rueckert

Trustee & Chair Emeritus

Total calculated

$0

Hours/week

3
Marla Schaefer

Trustee

Total calculated

$0

Hours/week

1
Bruce G Wilcox

Trustee

Total calculated

$0

Hours/week

3
Nancy Rauch Douzinas

Trustee

Total calculated

$0

Hours/week

3
C Kent McGuire

Trustee

Total calculated

$0

Hours/week

1
Leslie Morse Nelson

Trustee & Chair

Total calculated

$0

Hours/week

5
Milbrey Rennie Taylor

Trustee

Total calculated

$0

Hours/week

3
Edith Shih

Trustee

Total calculated

$0

Hours/week

1
George Cigale

Trustee

Total calculated

$0

Hours/week

1
Camilla Smith

Trustee

Total calculated

$0

Hours/week

1
Nancy Simpkins

Trustee

Total calculated

$0

Hours/week

1
Laura Butzel

Trustee

Total calculated

$0

Hours/week

3
Carole Sleeper

Trustee

Total calculated

$0

Hours/week

1
Helen Kahng Jaffe

Trustee

Total calculated

$0

Hours/week

3
Jay Urwitz

Trustee

Total calculated

$0

Hours/week

1
Charles Desmond

Trustee

Total calculated

$0

Hours/week

1
Denise Glyn Borders

Trustee

Total calculated

$0

Hours/week

1
Daniel Callahan

Trustee

Total calculated

$0

Hours/week

1
Linford Lougheed

Trustee

Total calculated

$0

Hours/week

1
David O'Connor

Trustee

Total calculated

$0

Hours/week

1
George Kledaras

Trustee

Total calculated

$0

Hours/week

1
Lisa Kohl

Trustee

Total calculated

$0

Hours/week

1
Russell Albanese

Trustee

Total calculated

$0

Hours/week

3
Michael Baston

Trustee

Total calculated

$0

Hours/week

1
Elisa Wilson

Trustee

Total calculated

$0

Hours/week

1
Thomas Rogers

Trustee

Total calculated

$0

Hours/week

1
Katrina Armstrong

Trustee

Total calculated

$0

Hours/week

1
Dennis Holtschneider

Trustee

Total calculated

$0

Hours/week

1
Christina Capodilupo Schwefel

Trustee

Total calculated

$0

Hours/week

1
Claire Shipman

Trustee

Total calculated

$0

Hours/week

1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

1a · Tax indemnification and gross-up payments
1a · Housing allowance or residence for personal use
1b · Written policy on the line-1a expenses
2 · Substantiation required before reimbursing expenses
3 · Compensation committee
3 · Independent compensation consultant
3 · Written employment contract
3 · Compensation survey or study
3 · Approval by the board or compensation committee
4b · Supplemental nonqualified retirement plan

Answered no

4a · Severance or change-of-control payment
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Pt I Line 1a: The College provides for certain employee housing and tuition assistance as well as additional life insurance benefits, which are included in the employees taxable income. The College has a written policy governing the payment or reimbursement of the amounts described above and others listed in Pt I, Line 1a.
Other: Part II, Column B (iii) - Other Reportable Compensation: Other reportable compensation includes items such as employee payroll deductions for the Colleges defined contribution plan, imputed income on life insurance procured by the College, additional faculty compensation for teaching courses or working on grant funded projects in addition to their normal course load, housing costs paid by the College, taxable tuition assistance and other payments.
Pt I Line 4b: This item is incorporated in a contractual agreement between the College and President Bailey.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Fund for Public Schools

$150,000

Funding for TC Community School

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

The Columbia Teachers College Foundation in HK

education · HK · controlled entity

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

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

CRUT Teachers College

T · n/a · MA · 0% owned

Directly controlled by na
Teachers College Pooled Income Fund

T · n/a · NY · 0% owned

Directly controlled by na
CRUT Teachers College

T · n/a · RI · 0% owned

Directly controlled by na

Provenance

Return type: form_990
Tax year: 2024
Filed: 7 July 2026
IRS schema version: 2024v5.2
Source object: 202641889349300314

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