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Nonprofiteer
← BARNARD COLLEGE

Form 990 for tax year 2022

Filed by BARNARD COLLEGE.

Totals

Total revenue
$313,721,507
Total expenses
$313,255,277
Contributions and grants received
$50,581,929
Grants paid
$57,876,386
Program service revenue
$240,153,878
Investment income
$16,988,612
Other revenue
$5,997,088
Total assets, end of year
$1,002,232,126
Total liabilities, end of year
$312,338,743
Net assets or fund balances, end of year
$689,893,383
Program services expenses (Part IX)
$261,546,932
Management and general expenses
$42,956,301
Fundraising expenses
$8,752,044
Program service expenses (Part III)
$261,546,932

Program services were 83.5% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $2,606,078

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $8,924,522

  • 1f · All other contributions, gifts and grants

    $39,051,329

  • 1g · Noncash contributions included above

    $11,961,650

  • 2a · Program service revenue: Student Services Revenue

    total $235,151,796 · related or exempt $235,151,796 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Pre-College and Summer Programs

    total $5,002,082 · related or exempt $5,002,082 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $13,818,365 · related or exempt $0 · unrelated business $512,114 · excluded $13,306,251

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $2,725,074 · personal property $0

  • 6b · Less rental expenses

    real property $2,360,831 · personal property $0

  • 6c · Rental income or loss

    real property $364,243 · personal property $0

  • 6d · Net rental income or loss

    total $364,243 · related or exempt $0 · unrelated business $0 · excluded $364,243

  • 7a · Gross sales of assets other than inventory

    securities $77,838,072 · other assets $0

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

    securities $74,667,825 · other assets $0

  • 7c · Gain or loss

    securities $3,170,247 · other assets $0

  • 7d · Net gain or loss

    total $3,170,247 · related or exempt $0 · unrelated business $0 · excluded $3,170,247

  • 8a · Fundraising events: gross income

    $177,480

  • 8a · Fundraising events: contributions included on line 1c

    $2,606,078

  • 8b · Fundraising events: direct expenses

    $462,025

  • 8c · Net income from fundraising events

    total -$284,545 · unrelated business $0 · excluded -$284,545

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11a · Other revenue: Gain on Advanced Refunding of Debt

    total $4,243,000 · related or exempt $0 · unrelated business $0 · excluded $4,243,000

  • 11b · Other revenue: Other Fees & Penalties

    total $586,194 · related or exempt $0 · unrelated business $0 · excluded $586,194

  • 11c · Other revenue: Academic Conferences

    total $470,035 · related or exempt $470,035 · unrelated business $0 · excluded $0

  • 11d · All other revenue

    total $618,161 · related or exempt $618,161 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $5,917,390

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0 · program services $0

  • 2 · Grants to domestic individuals

    total $57,641,860 · program services $57,641,860

  • 3 · Grants to foreign organizations and individuals

    total $234,526 · program services $234,526

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $5,685,574 · program services $1,511,698 · management and general $3,525,511 · fundraising $648,365

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $109,787,667 · program services $89,152,806 · management and general $15,874,491 · fundraising $4,760,370

  • 8 · Pension plan contributions

    total $9,490,080 · program services $7,561,697 · management and general $1,567,633 · fundraising $360,750

  • 9 · Other employee benefits

    total $23,025,603 · program services $18,945,047 · management and general $3,104,500 · fundraising $976,056

  • 10 · Payroll taxes

    total $7,873,476 · program services $6,393,637 · management and general $1,138,447 · fundraising $341,392

  • 11a · Fees: management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $550,621 · program services $30,305 · management and general $515,816 · fundraising $4,500

  • 11c · Fees: accounting

    total $229,696 · program services $0 · management and general $229,696 · fundraising $0

  • 11d · Fees: lobbying

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $180,276 · fundraising $180,276

  • 11f · Fees: investment management

    total $2,873,061 · program services $0 · management and general $2,873,061 · fundraising $0

  • 11g · Fees: other

    total $5,709,284 · program services $3,482,218 · management and general $2,197,287 · fundraising $29,779

  • 12 · Advertising and promotion

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $8,594,537 · program services $3,561,590 · management and general $4,051,112 · fundraising $981,835

  • 14 · Information technology

    total $1,881,060 · program services $244,338 · management and general $1,618,250 · fundraising $18,472

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $13,942,965 · program services $12,259,331 · management and general $1,577,050 · fundraising $106,584

  • 17 · Travel

    total $1,269,089 · program services $973,074 · management and general $230,173 · fundraising $65,842

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $1,375,281 · program services $1,128,721 · management and general $246,560 · fundraising $0

  • 20 · Interest

    total $12,121,510 · program services $12,121,510 · management and general $0 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $13,182,968 · program services $12,295,863 · management and general $836,402 · fundraising $50,703

  • 23 · Insurance

    total $1,643,871 · program services $1,452,084 · management and general $191,787 · fundraising $0

  • 24a · Other expenses: Study Abroad

    total $2,622,668 · program services $2,622,668 · management and general $0 · fundraising $0

  • 24b · Other expenses: Student Board

    total $11,842,689 · program services $11,842,689 · management and general $0 · fundraising $0

  • 24c · Other expenses: Columbia Agreement

    total $11,619,208 · program services $11,619,208 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $9,877,707 · program services $6,472,062 · management and general $3,178,525 · fundraising $227,120

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $69,380,214 · end of year $83,368,478

  • 3 · Pledges and grants receivable

    beginning of year $59,083,442 · end of year $45,904,923

  • 4 · Accounts receivable

    beginning of year $777,501 · end of year $933,519

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $1,313,888 · end of year $1,446,584

  • 8 · Inventories for sale or use

    beginning of year $152,639 · end of year $281,720

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,985,656 · end of year $3,048,621

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

    $496,990,339

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

    $202,523,594

  • 10c · Land, buildings and equipment, net

    beginning of year $287,268,954 · end of year $294,466,745

  • 11 · Investments: publicly traded securities

    beginning of year $105,221,608 · end of year $190,553,017

  • 12 · Investments: other securities

    beginning of year $351,310,390 · end of year $285,383,991

  • 13 · Investments: program-related

    beginning of year $26,313,284 · end of year $44,299,065

  • 14 · Intangible assets

    beginning of year $44,753,548 · end of year $44,385,493

  • 15 · Other assets

    beginning of year $8,416,142 · end of year $8,159,970

  • 17 · Accounts payable and accrued expenses

    beginning of year $33,932,160 · end of year $34,563,661

  • 18 · Grants payable

    beginning of year $198,168 · end of year $210,982

  • 19 · Deferred revenue

    beginning of year $4,733,493 · end of year $7,228,781

  • 20 · Tax-exempt bond liabilities

    beginning of year $168,437,547 · end of year $185,166,581

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $49,136,199 · end of year $49,796,740

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $33,392,395 · end of year $35,371,998

  • 27 · Net assets without donor restrictions

    beginning of year $135,831,304 · end of year $136,272,383

  • 28 · Net assets with donor restrictions

    beginning of year $532,316,000 · end of year $553,621,000

Mission and programs · 2022

Mission

See Schedule O for Barnard College's mission statement.

Activities or mission (Part I)

Barnard College aims to provide the highest quality liberal arts education to promising and high-achieving young women, offering the unparalleled advantages of an outstanding residential college in partnership with a major research university. (see Schedule O for Barnard College's mission statement 1)

  • Post-Secondary Education: A Barnard education provides women with the tools and techniques needed to think critically and act effectively in the world today. It fosters a respect for learning, an aptitude for analysis, and a competence in the demanding disciplines of the liberal arts, which includes the sciences. By virtue of its special mission and location, Barnard women strengthen their insight into interconnected worlds of knowledge and experience and bolster their confidence in forging ahead with their ideas, well-prepared and unafraid. This category includes Tuition, Housing, Dining Services, and Health and Counseling Services.

    Expenses $206,180,932 · Grants $57,876,386 · Revenue $235,151,796

  • Auxiliary Enterprises - Provides services to students for a fee that is directly related to, although not necessarily equal to, the cost of the services. This primarily includes Summer and Precollege programs.

    Expenses $55,366,000 · Revenue $6,090,278

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Sian Leah Beilock

    Ex-Officio and President Terminated 6/11/23

    Total calculated
    $1,343,262
    From this org
    $1,141,046
    From related orgs
    $0
    Other
    $202,216
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $797,500
    Bonus
    $120,000
    Other
    $223,546
    Deferred
    $51,250
    Nontaxable benefits
    $150,966
    Filer's total
    $1,343,262

  • Jomysha Stephen

    Chief of Staff to the President & General Counsel

    Total calculated
    $614,679
    From this org
    $460,429
    From related orgs
    $0
    Other
    $154,250
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $410,429
    Bonus
    $50,000
    Other
    $0
    Deferred
    $49,260
    Nontaxable benefits
    $104,990
    Filer's total
    $614,679

  • Lisa Yeh

    VP for Development

    Total calculated
    $605,198
    From this org
    $519,640
    From related orgs
    $0
    Other
    $85,558
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $449,640
    Bonus
    $70,000
    Other
    $0
    Deferred
    $49,394
    Nontaxable benefits
    $36,165
    Filer's total
    $605,199

  • Linda Bell

    Provost Dean of the Faculty

    Total calculated
    $594,216
    From this org
    $513,151
    From related orgs
    $0
    Other
    $81,065
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $443,151
    Bonus
    $70,000
    Other
    $0
    Deferred
    $49,500
    Nontaxable benefits
    $31,565
    Filer's total
    $594,216

  • Rebecca Wright

    Professor

    Total calculated
    $457,168
    From this org
    $409,058
    From related orgs
    $0
    Other
    $48,110
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $409,058
    Bonus
    $0
    Other
    $0
    Deferred
    $45,000
    Nontaxable benefits
    $3,110
    Filer's total
    $457,168

  • Reshmi Mukherjee

    Professor

    Total calculated
    $455,433
    From this org
    $345,172
    From related orgs
    $0
    Other
    $110,261
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $315,172
    Bonus
    $30,000
    Other
    $0
    Deferred
    $45,001
    Nontaxable benefits
    $65,260
    Filer's total
    $455,433

  • Jennifer Fondiller

    Vice President for Enrollment and Communications

    Total calculated
    $440,938
    From this org
    $344,338
    From related orgs
    $0
    Other
    $96,600
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $279,338
    Bonus
    $65,000
    Other
    $0
    Deferred
    $53,699
    Nontaxable benefits
    $42,901
    Filer's total
    $440,938

  • Rae Silver

    Professor

    Total calculated
    $407,783
    From this org
    $326,542
    From related orgs
    $0
    Other
    $81,241
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $326,542
    Bonus
    $0
    Other
    $0
    Deferred
    $50,140
    Nontaxable benefits
    $31,101
    Filer's total
    $407,783

  • Eileen M Di Benedetto

    CFO and VP for Finance

    Total calculated
    $401,683
    From this org
    $338,896
    From related orgs
    $0
    Other
    $62,787
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $298,896
    Bonus
    $40,000
    Other
    $0
    Deferred
    $45,000
    Nontaxable benefits
    $17,787
    Filer's total
    $401,683

  • Leslie Grinage

    Dean of the College

    Total calculated
    $359,571
    From this org
    $272,619
    From related orgs
    $0
    Other
    $86,952
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $237,619
    Bonus
    $35,000
    Other
    $0
    Deferred
    $33,361
    Nontaxable benefits
    $53,592
    Filer's total
    $359,572

  • Saskia Hamilton

    Professor

    Total calculated
    $348,296
    From this org
    $276,392
    From related orgs
    $0
    Other
    $71,904
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $318,092
    Bonus
    $0
    Other
    $0
    Deferred
    $43,500
    Nontaxable benefits
    $27,697
    Filer's total
    $389,289

  • David Weiman

    Professor

    Total calculated
    $348,152
    From this org
    $287,391
    From related orgs
    $0
    Other
    $60,761
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $287,391
    Bonus
    $0
    Other
    $0
    Deferred
    $42,750
    Nontaxable benefits
    $18,011
    Filer's total
    $348,152

  • Jennifer Rosales

    VP for Inclusion and Engaged Learning and Chief Diversity Officer

    Total calculated
    $312,205
    From this org
    $239,237
    From related orgs
    $0
    Other
    $72,968
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $239,237
    Bonus
    $0
    Other
    $0
    Deferred
    $30,742
    Nontaxable benefits
    $42,227
    Filer's total
    $312,206

  • Laura O'Connell

    AVP for Capital Projects Terminated 5/31/23

    Total calculated
    $300,199
    From this org
    $232,754
    From related orgs
    $0
    Other
    $67,445
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $232,754
    Bonus
    $0
    Other
    $0
    Deferred
    $24,884
    Nontaxable benefits
    $42,561
    Filer's total
    $300,199

  • Ciaran Escoffery

    AVP and Secretary to Board

    Total calculated
    $220,650
    From this org
    $196,591
    From related orgs
    $0
    Other
    $24,059
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $196,591
    Bonus
    $0
    Other
    $0
    Deferred
    $11,180
    Nontaxable benefits
    $12,879
    Filer's total
    $220,650

  • Sarah Gillman

    SVP for Strategic Finance & Ops Started 11/14/22

    Total calculated
    $119,101
    From this org
    $107,935
    From related orgs
    $0
    Other
    $11,166
    Hours/week
    50

  • Marina Catallozzi

    VP of Health and Wellness Chief Health Officer

    Total calculated
    $38,977
    From this org
    $35,412
    From related orgs
    $0
    Other
    $3,565
    Hours/week
    50

  • Laura Rosenbury

    Ex-Officio and President Started 6/12/23

    Total calculated
    $0
    Hours/week
    50

  • Amy Crate

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Amy Veltman

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Ann W Sacher

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Barrie S Roman

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Caroline Bliss Spencer

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Cheryl G Milstein

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Daphne F Philipson

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Dara P Richardson-Heron

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • David J O'Connor

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Diana T Vagelos

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Dipak K Tanna

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Doreen Rachal P

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Francine LeFrak

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Ina R Drew

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Jyoti Menon

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Karen I Goldberg

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Kathy Rocklen

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Laura Blankfein

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Laura Sloate

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Lee C Bollinger

    Ex-Officio

    Total calculated
    $0
    Hours/week
    5

  • Lida Orzeck

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Marcia L Sells

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Maryam Banikarim

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Nina L Shaw

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Nina Sun

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Paola Ramos

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Ramona E Romero

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Serge E Przedborski

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Sherif Nadar

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Susan Rovner

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Vicki Curry

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • Vivien Li

    Trustee

    Total calculated
    $0
    Hours/week
    5

  • William W Helman

    Trustee

    Total calculated
    $0
    Hours/week
    5

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 · Travel for companions
  • 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 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a
The president is provided with an on-campus house as part of her contract to carry out the duties of her presidency and be on-call 24/7 as needed and required. The amount is not considered taxable compensation but the value is disclosed in part I, column D as required. The president's employment contract allows for certain taxable benefits including travel and tuition and is disclosed in part II column B(iii). The Dean of the College is provided with an on-campus house as part of her contract to carry out the duties of being entrusted with the overall students' welfare and be on-call 24/7 as needed and required. The amount is not considered taxable compensation but the value is disclosed in part I, column D as required.
Schedule J, Part I, Line 7
Certain Officers and highly compensated employees received non-fixed bonuses in calendar year 2022 as disclosed in Part II.

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

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Provenance

Return type
form_990
Tax year
2022
Filed
14 May 2024
IRS schema version
2022v5.0
Source object
202421359349310127

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