Form 990 for tax year 2024

1c · Fundraising events

$1,599,685

1e · Government grants (contributions)

$94,900

1f · All other contributions, gifts and grants

$24,234,680

1g · Noncash contributions included above

$873,065

2a · Program service revenue: STUDENT FEES

total $5,562,875 · related or exempt $5,562,875

2b · Program service revenue: TICKET SALES

total $2,080,389 · related or exempt $2,080,389

2c · Program service revenue: OUTREACH

total $335,149 · related or exempt $335,149

2d · Program service revenue: PROGRAM ADVERTISING

total $227,129 · unrelated business $227,129

2e · Program service revenue: CONCESSIONS & TAPE SAL

total $60,514 · excluded $60,514

3 · Investment income

total $2,801,674 · excluded $2,801,674

6a · Gross rents

real property $34,725

6b · Less rental expenses

real property $0

6c · Rental income or loss

real property $34,725

6d · Net rental income or loss

total $34,725 · excluded $34,725

7a · Gross sales of assets other than inventory

securities $28,587,762

7b · Less cost or other basis and sales expenses

securities $21,866,169

7c · Gain or loss

securities $6,721,593

7d · Net gain or loss

total $6,721,593 · excluded $6,721,593

8a · Fundraising events: gross income

$143,860

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

$1,599,685

8b · Fundraising events: direct expenses

$684,523

8c · Net income from fundraising events

total -$540,663 · excluded -$540,663

10a · Gross sales of inventory

$42,329

10b · Cost of goods sold

$25,490

10c · Net income from sales of inventory

total $16,839 · excluded $16,839

11a · Other revenue: MISCELLANEOUS REVENUE

total $24,165 · related or exempt $24,165

11b · Other revenue: SPLIT INTEREST AGREEME

total $20,569 · excluded $20,569

11e · Other revenue, total

$44,734

2 · Grants to domestic individuals

total $3,803,794 · program services $3,803,794

5 · Compensation of officers, directors and key employees

total $3,103,877 · program services $1,200,464 · management and general $1,399,057 · fundraising $504,356

7 · Other salaries and wages

total $2,635,893 · program services $1,917,603 · management and general $458,406 · fundraising $259,884

8 · Pension plan contributions

total $172,680 · program services $67,022 · management and general $87,539 · fundraising $18,119

9 · Other employee benefits

total $618,267 · program services $156,453 · management and general $380,109 · fundraising $81,705

10 · Payroll taxes

total $409,786 · program services $228,259 · management and general $126,526 · fundraising $55,001

11b · Fees: legal

total $34,010 · management and general $34,010

11c · Fees: accounting

total $26,755 · management and general $26,755

11f · Fees: investment management

total $248,308 · management and general $248,308

11g · Fees: other

total $284,866 · program services $145,835 · management and general $60,707 · fundraising $78,324

12 · Advertising and promotion

total $581,930 · management and general $581,930

13 · Office expenses

total $411,012 · program services $337,985 · management and general $50,621 · fundraising $22,406

14 · Information technology

total $291,098 · program services $61,657 · management and general $203,656 · fundraising $25,785

16 · Occupancy

total $211,227 · program services $196,914 · management and general $12,309 · fundraising $2,004

17 · Travel

total $418,791 · program services $139,156 · management and general $268,014 · fundraising $11,621

20 · Interest

total $3,301 · management and general $3,301

22 · Depreciation, depletion and amortization

total $2,098,403 · program services $2,098,403

23 · Insurance

total $543,299 · program services $521,525 · management and general $14,339 · fundraising $7,435

24a · Other expenses: FACULTY EXPENSES

total $3,188,414 · program services $3,188,414

24b · Other expenses: STUDENT ROOM & BOARD CO

total $1,767,296 · program services $1,767,296

24c · Other expenses: GUEST ARTIST EXPENSES

total $1,374,613 · program services $1,374,613

24d · Other expenses: MISCELLANEOUS EXPENSE

total $635,048 · program services $499,339 · management and general $52,670 · fundraising $83,039

24e · All other expenses

total $2,881,883 · program services $2,550,379 · management and general $327,370 · fundraising $4,134

1 · Cash, non-interest-bearing

beginning of year $10,630,697 · end of year $11,743,385

3 · Pledges and grants receivable

beginning of year $7,119,625 · end of year $5,729,942

4 · Accounts receivable

beginning of year $772,682 · end of year $679,951

8 · Inventories for sale or use

beginning of year $94,575 · end of year $91,054

9 · Prepaid expenses and deferred charges

beginning of year $297,214 · end of year $661,177

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

$66,708,437

10b · Land, buildings and equipment: accumulated depreciation

$44,508,810

10c · Land, buildings and equipment, net

beginning of year $21,987,688 · end of year $22,199,627

11 · Investments: publicly traded securities

beginning of year $24,888,179 · end of year $30,912,440

12 · Investments: other securities

beginning of year $63,678,022 · end of year $75,444,897

15 · Other assets

beginning of year $8,225,982 · end of year $7,729,368

17 · Accounts payable and accrued expenses

beginning of year $1,353,115 · end of year $808,890

19 · Deferred revenue

beginning of year $93,228 · end of year $148,554

24 · Unsecured notes and loans payable

beginning of year $303,895 · end of year $257,895

25 · Other liabilities

beginning of year $7,194,026 · end of year $6,637,818

27 · Net assets without donor restrictions

beginning of year $46,508,953 · end of year $59,079,715

28 · Net assets with donor restrictions

beginning of year $82,241,447 · end of year $88,258,969