Form 990 for tax year 2022

Filed by MOORE COLLEGE OF ART AND DESIGN.

Totals

Total revenue: $28,894,366
Total expenses: $25,882,668
Contributions and grants received: $2,097,469
Grants paid: $7,632,014
Program service revenue: $18,388,608
Investment income: $4,915,176
Other revenue: $3,493,113
Total assets, end of year: $93,551,991
Total liabilities, end of year: $12,792,884
Net assets or fund balances, end of year: $80,759,107
Program services expenses (Part IX): $19,733,000
Management and general expenses: $5,562,914
Fundraising expenses: $586,754
Program service expenses (Part III): $19,733,000

Program services were 76.2% 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

$256,005
1d · Related organizations

$0
1e · Government grants (contributions)

$1,255,451
1f · All other contributions, gifts and grants

$586,013
1g · Noncash contributions included above

$0
2a · Program service revenue: Bachelor of Fine Arts

total $16,828,104 · related or exempt $16,828,104 · unrelated business $0 · excluded $0
2b · Program service revenue: Master of Fine Arts and Master of Arts

total $763,709 · related or exempt $763,709 · unrelated business $0 · excluded $0
2c · Program service revenue: Continuing Education Adult

total $163,317 · related or exempt $163,317 · unrelated business $0 · excluded $0
2d · Program service revenue: Youth Programs

total $633,478 · related or exempt $633,478 · 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 $2,411,457 · related or exempt $2,411,457 · unrelated business $0 · excluded $0
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
6c · Rental income or loss

real property $0 · personal property $0
7a · Gross sales of assets other than inventory

securities $5,348,461 · other assets $0
7b · Less cost or other basis and sales expenses

securities $2,844,742 · other assets $0
7c · Gain or loss

securities $2,503,719 · other assets $0
7d · Net gain or loss

total $2,503,719 · related or exempt $2,503,719 · unrelated business $0 · excluded $0
8a · Fundraising events: gross income

$0
8a · Fundraising events: contributions included on line 1c

$256,005
8b · Fundraising events: direct expenses

$0
8c · Net income from fundraising events

total $0 · unrelated business $0 · excluded $0
11a · Other revenue: Room and Board

total $4,237,920 · related or exempt $4,237,920 · unrelated business $0 · excluded $0
11b · Other revenue: Auxiliary Income

total $285,519 · related or exempt $285,519 · unrelated business $0 · excluded $0
11d · All other revenue

total -$1,030,326 · related or exempt -$1,030,326 · unrelated business $0 · excluded $0
11e · Other revenue, total

$3,493,113

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 $7,632,014 · program services $7,632,014
3 · Grants to foreign organizations and individuals

total $0 · program services $0
4 · Benefits paid to or for members

total $0 · program services $0
5 · Compensation of officers, directors and key employees

total $1,805,859 · program services $213,157 · management and general $1,390,718 · fundraising $201,984
6 · Compensation of disqualified persons

total $0 · program services $0 · management and general $0 · fundraising $0
7 · Other salaries and wages

total $5,743,015 · program services $4,680,213 · management and general $908,895 · fundraising $153,907
8 · Pension plan contributions

total $287,089 · program services $169,577 · management and general $101,198 · fundraising $16,314
9 · Other employee benefits

total $769,642 · program services $416,020 · management and general $324,689 · fundraising $28,933
10 · Payroll taxes

total $514,700 · program services $356,915 · management and general $133,366 · fundraising $24,419
11a · Fees: management

total $0 · program services $0 · management and general $0 · fundraising $0
11b · Fees: legal

total $57,273 · program services $0 · management and general $57,273 · fundraising $0
11c · Fees: accounting

total $123,510 · program services $0 · management and general $123,510 · fundraising $0
11d · Fees: lobbying

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

total $0 · fundraising $0
11f · Fees: investment management

total $0 · program services $0 · management and general $0 · fundraising $0
11g · Fees: other

total $0 · program services $0 · management and general $0 · fundraising $0
12 · Advertising and promotion

total $545,092 · program services $129,130 · management and general $403,451 · fundraising $12,511
13 · Office expenses

total $755,633 · program services $570,473 · management and general $178,516 · fundraising $6,644
14 · Information technology

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

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

total $1,228,945 · program services $858,009 · management and general $364,958 · fundraising $5,978
17 · Travel

total $222,872 · program services $137,029 · management and general $69,071 · fundraising $16,772
18 · Travel or entertainment for public officials

total $0 · program services $0 · management and general $0 · fundraising $0
19 · Conferences, conventions and meetings

total $121,808 · program services $124,942 · management and general -$4,761 · fundraising $1,627
20 · Interest

total $146,701 · program services $127,449 · management and general $18,172 · fundraising $1,080
21 · Payments to affiliates

total $0 · program services $0 · management and general $0 · fundraising $0
22 · Depreciation, depletion and amortization

total $1,303,226 · program services $1,132,203 · management and general $161,431 · fundraising $9,592
23 · Insurance

total $78,499 · program services $0 · management and general $78,499 · fundraising $0
24a · Other expenses: Food Service

total $1,435,607 · program services $1,388,350 · management and general $40,312 · fundraising $6,945
24b · Other expenses: Dues and Other Professional Services

total $1,834,156 · program services $830,807 · management and general $943,705 · fundraising $59,644
24c · Other expenses: Security and Housekeeping

total $850,110 · program services $756,989 · management and general $87,898 · fundraising $5,223
24d · Other expenses: Equipment and Maintenance

total $284,286 · program services $157,872 · management and general $125,411 · fundraising $1,003
24e · All other expenses

total $142,631 · program services $51,851 · management and general $56,602 · fundraising $34,178

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $13,338,325 · end of year $8,309,431
2 · Savings and temporary cash investments

beginning of year $0 · end of year $0
3 · Pledges and grants receivable

beginning of year $584,086 · end of year $427,383
4 · Accounts receivable

beginning of year $421,426 · end of year $428,551
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 $610,412 · end of year $576,098
8 · Inventories for sale or use

beginning of year $0 · end of year $0
9 · Prepaid expenses and deferred charges

beginning of year $322,835 · end of year $294,928
10a · Land, buildings and equipment: cost or other basis

$65,987,270
10b · Land, buildings and equipment: accumulated depreciation

$28,445,374
10c · Land, buildings and equipment, net

beginning of year $33,540,627 · end of year $37,541,896
11 · Investments: publicly traded securities

beginning of year $32,803,165 · end of year $34,957,781
12 · Investments: other securities

beginning of year $8,659,590 · end of year $9,668,249
13 · Investments: program-related

beginning of year $0 · end of year $0
14 · Intangible assets

beginning of year $0 · end of year $0
15 · Other assets

beginning of year $1,545,276 · end of year $1,347,674
17 · Accounts payable and accrued expenses

beginning of year $2,791,629 · end of year $1,689,720
18 · Grants payable

beginning of year $0 · end of year $0
19 · Deferred revenue

beginning of year $1,196,126 · end of year $1,270,873
20 · Tax-exempt bond liabilities

beginning of year $9,616,602 · end of year $9,389,169
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 $0 · end of year $0
24 · Unsecured notes and loans payable

beginning of year $0 · end of year $0
25 · Other liabilities

beginning of year $473,976 · end of year $443,122
27 · Net assets without donor restrictions

beginning of year $48,072,166 · end of year $50,232,964
28 · Net assets with donor restrictions

beginning of year $29,675,243 · end of year $30,526,143

Mission and programs · 2022

Mission

Moore is dedicated to excellence in art and design. Founded in 1848, Moore is the first and only visual arts college for women in the US. With its undergraduate BFA degree for women and coeducational graduate programs, Moore cultivates creativity, promotes scholarship and prepares students for careers in the arts by emphasizing critical thinking, problem solving, risk-taking, and strong communication skills. Moore is dedicated to producing graduates who distinguish themselves as leaders. As a cultural leader, Moore promotes the arts in the broader community. The Galleries at Moore present work of significant regional, national and international artists to the community through distinctive exhibitions and educational programs. The Continuing Education programs provide opportunities for men and women to learn new skills for personal and professional growth. Moore's acclaimed Young Artists Workshop, founded in 1922, enriches the lives of children and youth through creative arts education.

Activities or mission (Part I)

Moore College of Art & Design, located in Philadelphia, PA, is dedicated to excellence in art and design. Founded in 1848 to expand women's access to higher education, Moore is the first and only historically all-women's undergraduate college for art and design, and now offers admission to talented women, nonbinary and gender-nonconforming undergraduate students as well as all-gender graduate and post-baccalaureate programs. Continuing education programs provide opportunities for students of various ages to learn skills for personal enrichment and professional growth. Through these programs, the College prepares artists and designers to build creative, enterprising careers of significant impact and to distinguish themselves as leaders in their fields. Moore is a forum for big ideas and a champion for creative expression. The Galleries at Moore introduce significant regional, national and international artists to the community through distinctive exhibitions and educational programs.

Higher Education: Moore enrolls approximately 400 students in the Bachelor of Fine Arts program with an 8:1 student student/faculty ratio. Moore cultivates each student's creative talents and provides the technical and professional skills essential to building a successful career in the visual arts. Students learn from award-winning, professionally active faculty who bring real-world knowledge and expertise into the classroom and encourage excellence, creative exploration and self-expression to prepare students for leadership in their chosen field. Moore offers majors in Art Education, Art History, Curatorial Studies, Fashion Design, Fine Arts, Graphic Design, Fashion Design, Illustration, Interior Design and Photography & Digital Arts. Moore also offers students an array of minors that complement their course of study and allow them to advance their interests in support of their artistic and professional goals. Moore requires internships in all its undergraduate majors with the exception of Art Education, which has a student teaching requirement. Beginning in 2010, the College provides all students with an Internship Fellowship. Moore is committed to providing undergraduate women with distinctive leadership opportunities.

Expenses $18,583,041 · Grants $7,460,526 · Revenue $16,828,104
Higher Education: Graduate Programs: MA in Art Education with an Emphasis on Special Populations After months of planning, Moore announced in summer 2008 the creation of three unique new graduate programs designed to prepare motivated men and women with the skills, knowledge and resources to become professional artists, designers and teachers. The program is low-residency, recognizes the critical value of professional exposure and requires a field practicum, internship or international studio residency. Programs emphasize critical thinking, innovation and synthesis of theory and practice. Self-directed research and rigorous inquiry are key components. Candidates work closely with professionally active faculty artists, educators and designers, as well as work independently with professionals in the field. The program hosts an annual symposium featuring guest speakers of national and international significance, focusing on contemporary issues. The program features summer intensive, evening and weekend year-round scheduling that are well suited for working adults seeking to acquire new skills and perspectives in their current studio, design or teaching practices. Programs began in May 2009.

Expenses $593,945 · Grants $114,900 · Revenue $763,709
Continuing Education and Youth Programs Moore offers certificate programs as well as single credit and non-credit courses for men and women who want to learn new skills, advance their careers or simply learn for their own personal enrichment and fulfillment. Offered during the evening and weekend hours on Moore's campus, continuing education courses are available in digital media, digital photography, fashion, interior decorating and the fine arts. Courses combine a flexible and dynamic approach to learning while remaining grounded in the time-honored strengths of Moore's BFA programs and award-winning faculty, who are committed to sharing their expertise and bringing real world experience into the classroom. Approximately 160 adults enroll in Moore's continuing education courses each year. Moore's Teachers Summer Institute is designed to enhance the culture of teaching and to empower learning in and through visual art. A professionally directed program of studio-based workshops offers educators the opportunity to expand studio skills, deepen personal direction, and discover new applications in educational practice. Moore offers a full range of educational programs for boys and girls grades 1-12, from its historic Young Artists Workshop to its innovative Summer Art & Design Institute for High School Women. Established in 1922, the Young Artists Workshop (YAW) enables young people to have direct involvement with art making, encourages self-directed learning, and enables authentic learning experiences. The YAW program serves approximately 525 boys and girls each year. YAW classes are ongoing and are scheduled for ten Saturdays in the fall and ten Saturdays in the spring. In summer, Moore offers single day and one-week programs for students in grades 8 -12, Monday through Friday and on Saturdays. A variety of classes are offered, introducing students to the joy of creative exploration and developing their artistic skills through a range of media and techniques. The Summer Art & Design Institute for High School Women (SADI) is a four-week pre-college residential program open to young women who have just completed their sophomore, junior, or senior year of high school. The Institute allows dedicated students who are passionate about their artwork to spend four weeks developing their skills as artists and designers. Upon successful completion of the program, students will earn 3.0 college credits. Students choose a studio concentration emphasizing Fine Arts, Fashion Design, or Digital Animation. Each week of the program includes three days immersed in the studio concentration, as well as two days in the intensive portfolio development program: basic drawing, life drawing and two-dimensional design. All of these subjects are designed to prepare students for the college admissions process. Students are taught and guided by exceptional faculty who are professionals in their fields and committed to sharing their knowledge of art and design. Additionally, students benefit from required activities such as artists' studio tours, museum and gallery visits and other exciting cultural events that expose them to the larger arts community in Philadelphia.

Expenses $556,014 · Grants $56,588 · Revenue $796,795

As filed on the 2022 return.

Listed in Part VII

Cecelia FitzgibbonCECELIA FITZGIBBON

President Emerita

Total calculated

$390,705

From this org

$390,705

From related orgs

$0

Other

$0

Hours/week

60

Schedule J breakdown matched by us

Base

$271,478

Bonus

$75,000

Other

$44,227

Deferred

$0

Nontaxable benefits

$0

Filer's total

$390,705
William L Hill IIWILLIAM L HILL II

Board of Managers Treasurer - Senior Vice President

Total calculated

$307,244

From this org

$307,244

From related orgs

$0

Other

$0

Hours/week

60

Schedule J breakdown matched by us

Base

$279,244

Bonus

$28,000

Other

$0

Deferred

$0

Nontaxable benefits

$0

Filer's total

$307,244
Cathy YoungCATHY YOUNG

President/ Board Administration

Total calculated

$212,500

From this org

$212,500

From related orgs

$0

Other

$0

Hours/week

60

Schedule J breakdown matched by us

Base

$212,500

Bonus

$0

Other

$0

Deferred

$0

Nontaxable benefits

$0

Filer's total

$212,500
Claudine ThomasCLAUDINE THOMAS

Chief Academic Officer/Academic Dean

Total calculated

$172,766

From this org

$172,766

From related orgs

$0

Other

$0

Hours/week

60

Schedule J breakdown matched by us

Base

$152,766

Bonus

$20,000

Other

$0

Deferred

$0

Nontaxable benefits

$0

Filer's total

$172,766
Elizabeth CahillELIZABETH CAHILL

Director of Development

Total calculated

$171,583

From this org

$171,583

From related orgs

$0

Other

$0

Hours/week

60
Angeline CampbellANGELINE CAMPBELL

Controller

Total calculated

$143,471

From this org

$143,471

From related orgs

$0

Other

$0

Hours/week

60
Jonathan SquireJONATHAN SQUIRE

Dean of Admissions

Total calculated

$136,677

From this org

$136,677

From related orgs

$0

Other

$0

Hours/week

60
Frances R GrahamFRANCES R GRAHAM

Board of Trustees Chairperson

Total calculated

$0

Hours/week

5
Joan N SternJOAN N STERN

Board of Trustees Vice Chairperson

Total calculated

$0

Hours/week

5
Adele K SchaefferADELE K SCHAEFFER

Board of Trustees

Total calculated

$0

Hours/week

5
Margaret MarshMARGARET MARSH

Board of Trustees

Total calculated

$0

Hours/week

5
Thomas PattersonTHOMAS PATTERSON

Board of Trustees

Total calculated

$0

Hours/week

5
Penny FoxPENNY FOX

Board of Trustees Chairperson Emeriti

Total calculated

$0

Hours/week

0
Rochelle F LevyROCHELLE F LEVY

Board of Trustees Chairperson Emeriti

Total calculated

$0

Hours/week

0
Arthur R BlockARTHUR R BLOCK

Board of Managers Chairperson

Total calculated

$0

Hours/week

5
Shelley SmithSHELLEY SMITH

Board of Managers Secretary

Total calculated

$0

Hours/week

5
Carolina Marin HernandezCAROLINA MARIN HERNANDEZ

Board of Managers

Total calculated

$0

Hours/week

5
Janie GrossJANIE GROSS

Board of Managers

Total calculated

$0

Hours/week

5
Kathleen ListerKATHLEEN LISTER

Board of Managers

Total calculated

$0

Hours/week

5
Keith R StrawKEITH R STRAW

Board of Managers

Total calculated

$0

Hours/week

5
Kendyl BoydKENDYL BOYD

Board of Managers

Total calculated

$0

Hours/week

5
Kia WeatherspoonKIA WEATHERSPOON

Board of Managers

Total calculated

$0

Hours/week

5
Leslie LondonLESLIE LONDON

Board of Managers

Total calculated

$0

Hours/week

5
Louisa FalcioneLOUISA FALCIONE

Board of Managers

Total calculated

$0

Hours/week

5
Marta R AdelsonMARTA R ADELSON

Board of Managers

Total calculated

$0

Hours/week

5
Meg JohnsonMEG JOHNSON

Board of Managers

Total calculated

$0

Hours/week

5
Mindy GlassmanMINDY GLASSMAN

Board of Managers

Total calculated

$0

Hours/week

5
Robert RosenburgROBERT ROSENBURG

Board of Managers

Total calculated

$0

Hours/week

5
Ted KapnekTED KAPNEK

Board of Managers

Total calculated

$0

Hours/week

5
Tim AndrewsTIM ANDREWS

Board of Managers

Total calculated

$0

Hours/week

5
Marie JenningsMARIE JENNINGS

Board of Alumnae

Total calculated

$0

Hours/week

5
Lauren StichterLAUREN STICHTER

Board Faculty Forum

Total calculated

$0

Hours/week

5
Lynn PalewiczLYNN PALEWICZ

Board Faculty

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

3 · Form 990 of other organizations
3 · Approval by the board or compensation committee

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
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 3: Annually a salary survey from peer institutions is presented to the Compensation Committee of the Board who determines the President's salary. The President uses the same survey to determine other Officer's and key employee's salaries and communicates compensation decision to the Board Compensation Committee.

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

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2022
Filed: 8 May 2024
IRS schema version: 2022v5.0
Source object: 202421299349301942

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