Civic Intelligence

Risd Holdings Inc

990 • Fiscal year 2019 • EIN 05-0508151

Jul 01, 2018 to Jun 30, 2019 • Filed on May 21, 2020

Two College StreetProvidence, RI 02903

(401) 454-6766

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

93rd percentile

0.96x

Higher debt load relative to assets than 93% of similar nonprofits.

2019 filings • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

95th percentile

5.13x

Higher debt load relative to revenue than 95% of similar nonprofits.

2019 filings • $5M-$10M nonprofits • Source year 2019

Net Margin

62nd percentile

8.9%

Higher net margin than 62% of similar nonprofits.

2019 filings • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

97th percentile

$638,364

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 53.2% of source-year revenue.

2019 filings • $5M-$10M nonprofits • Source year 2019

Asset Growth

50th percentile

2.7%

Faster asset growth than 50% of similar nonprofits.

2019 filings • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

96th percentile

213%

Faster revenue growth than 96% of similar nonprofits.

2019 filings • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$6,373,930

Up $170,237 (+2.7%) from 2018

Net Assets

Up

$225,035

Up $459,153 (+196%) from 2018

Liabilities

Down

$6,148,895

Down $288,916 (-4.5%) from 2018

Revenue

Up

$1,199,219

Up $815,780 (+213%) from 2018

Expenses

Up

$1,091,998

Up $831,994 (+320%) from 2018

Net Income

Down

$107,221

Down $16,214 (-13%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0-$5.0MAssets 2011: $5,677,473Liabilities 2011: $6,012,426Net Assets 2011: -$334,9532011Assets 2012: $4,866,256Liabilities 2012: $6,018,278Net Assets 2012: -$1,152,0222012Assets 2013: $4,888,517Liabilities 2013: $5,962,390Net Assets 2013: -$1,073,8732013Assets 2014: $4,877,001Liabilities 2014: $5,969,898Net Assets 2014: -$1,092,8972014Assets 2015: $4,786,086Liabilities 2015: $5,978,879Net Assets 2015: -$1,192,7932015Assets 2016: $5,061,554Liabilities 2016: $5,972,610Net Assets 2016: -$911,0562016Assets 2017: $5,186,946Liabilities 2017: $5,971,610Net Assets 2017: -$784,6642017Assets 2018: $6,203,693Liabilities 2018: $6,437,811Net Assets 2018: -$234,1182018Assets 2019: $6,373,930Liabilities 2019: $6,148,895Net Assets 2019: $225,0352019Assets 2020: $6,739,255Liabilities 2020: $6,568,261Net Assets 2020: $170,9942020Assets 2021: $6,695,294Liabilities 2021: $7,009,356Net Assets 2021: -$314,0622021Assets 2022: $7,102,518Liabilities 2022: $7,389,826Net Assets 2022: -$287,3082022Assets 2023: $9,187,753Liabilities 2023: $7,815,742Net Assets 2023: $1,372,0112023Assets 2024: $6,900,731Liabilities 2024: $6,205,880Net Assets 2024: $694,8512024

Highlighted filing

2019

Assets$6,373,930
Liabilities$6,148,895
Net Assets$225,035

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $260,0042011Expenses 2012: $260,0042012Revenue 2013: $338,153Expenses 2013: $260,004Net Income 2013: $78,1492013Revenue 2014: $240,980Expenses 2014: $260,004Net Income 2014: -$19,0242014Revenue 2015: $161,442Expenses 2015: $260,004Net Income 2015: -$98,5622015Revenue 2016: -$55,017Expenses 2016: $260,004Net Income 2016: -$315,0212016Revenue 2017: $386,396Expenses 2017: $260,004Net Income 2017: $126,3922017Revenue 2018: $383,439Expenses 2018: $260,004Net Income 2018: $123,4352018Revenue 2019: $1,199,219Expenses 2019: $1,091,998Net Income 2019: $107,2212019Revenue 2020: $1,104,725Expenses 2020: $1,158,766Net Income 2020: -$54,0412020Revenue 2021: $742,515Expenses 2021: $1,227,571Net Income 2021: -$485,0562021Revenue 2022: $1,193,029Expenses 2022: $1,166,275Net Income 2022: $26,7542022Revenue 2023: $2,819,212Expenses 2023: $1,159,893Net Income 2023: $1,659,3192023Revenue 2024: $1,299,651Expenses 2024: $1,162,599Net Income 2024: $137,0522024

Highlighted filing

2019

Revenue$1,199,219
Expenses$1,091,998
Net Income$107,221
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 21, 2020
Return Version
2018v3.1
Gross Receipts
$1,199,219
Mission and Program Overview

Mission

The purpose of risd holdings, inc. Is to hold title to various properties, to collect rental income from such properties, and to turn over the full amount of income, less expenses, to rhode island school of design (risd) to help risd carry out its educational mission. Risd holdings, inc. Conducts its business in providence, rhode island, adjacent to the risd campus.

Hold title to various properties, collect rent income and help risd carry out its mission.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,082,226$5,008,939▼ $73,287
Cash and Non-Interest-Bearing Accounts$890,857$988,896▲ $98,039
Accounts Receivable$230,610$376,095▲ $145,485
Total Assets$6,203,693$6,373,930▲ $170,237
Liabilities
Other Liabilities$5,551,932$5,200,000▼ $351,932
Accounts Payable and Accrued Expenses$838,908$893,570▲ $54,662
Deferred Revenue$46,971$55,325▲ $8,354
Total Liabilities$6,437,811$6,148,895▼ $288,916
Net Assets / Fund Balance
Unrestricted Net Assets$-234,118$225,035▲ $459,153
Total Net Assets Fund Balance$-234,118$225,035▲ $459,153
Total Liabilities and Net Assets / Fund Balance$6,203,693$6,373,930▲ $170,237

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,130,134$1,845,129$4,975,263
Land$1,878,805-$1,878,805
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rosanne SomersonPresident/chair
Karen HammondDirector
Philip E TobeyDirector
Richard W HainingDirector
David ProulxTreasurer/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,199,219
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$107,221

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,199,219
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$160,821,911
Total Revenue per Audited Statements
$162,021,130
Total Revenue per Form 990
$1,199,219
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,001,230
Salaries, Compensation, and Employee Benefits$90,768
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$467,826
Interest---$260,004
Depreciation Depletion---$129,404
Fees for Services Other---$108,634
Other Salaries and Wages---$68,244
Office Expenses---$33,947
Other Employee Benefits---$22,524
Information Technology---$856
Travel---$559
Total Functional Expenses$0$0$0$1,091,998

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$157,281,323
Expenses Not Reported on Form 990$156,189,325
Expenses per Audited Statements$1,091,998
Total Expenses per Form 990$1,091,998
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$5,200,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The sole member of risd holdings is rhode island school of design.

Form 990, Part VI, Section A, Line 8B

The risd holdings, inc. Board does not have any committees.

Form 990, Part VI, Section B, Line 11B

The process for the form 990 includes review by senior management of risd, and the independent external tax consultants. The audit committee is presented with a draft of the return for its review. The full boards of both risd holdings, inc. And rhode island school of design receive a final copy of the form 990 before it is filed.

Form 990, Part VI, Section B, Line 12C

Certain officers and directors of the organization are also officers and directors of rhode island school of design (risd). In this capacity, they are bound by the conflict of interest policy of risd. On an annual basis, risd's trustees' office distributes a survey to all of the trustees requesting information on matters relating to risd's conflict of interest policy. There are follow up procedures to ensure that surveys are completed and returned for review. The general counsel's office provides assistance to trustees by responding to any questions they may have. Results of the completed surveys are presented to the trustees' audit committee. The threshold for reporting to the committee is more than $10,000 per year (in the aggregate, for each trustee). In addition to the annual survey, the trustees are required to disclose any additional conflicts that may arise during the course of the year. Further, whenever any matter involving a conflict of interest on the part of any trustee is discussed or proposed for action at board or committee meetings, such conflict shall be disclosed to other trustees present, and the trustee having such conflict shall not vote or use his or her personal influence on the matter.

Form 990, Part VI, Section C, Line 19

Risd holdings' financial statements are included in the consolidated financial statements of the rhode island school of design that are made available on www.risd.edu and also by request.

Form 990, Page 6, Part VI, Lines 13 and 14

Certain officers and directors of the organization are also officers and directors of rhode island school of design (risd). Risd had their written policies in place during fy19; however, the risd board has not approved the document retention and destruction policy.

Filing and Contact Details

Filer

Filer Name
Risd Holdings Inc
EIN
05-0508151
Phone
4014546766
Address
TWO COLLEGE STREET, PROVIDENCE, RI 02903

Signing Officer

Name
David Proulx
Title
SVP Finance & Administration
Phone
4014546766
Signed
2020-05-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rosanne Somerson
Formed
1999
Legal Domicile
Ri
Voting Board Members
5
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Baker Tilly Virchow Krause Llp
Address
1570 FRUITVILLE PIKE SUITE 400, LANCASTER, PA 17601
Preparer
Kerri N Bogda CPA
Phone
7177404863
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Transfer of net assets from risd 351,932.

Form 990, Part V, Line 2A

The organization has employees but their forms w-2 are issued from risd.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Risd revenue net of eliminating entries 160,469,979. Transfer to rhode island school of design 351,932.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Risd expense net of eliminating entries 156,189,325.

Raw XML AppendixShowing 400 of 401 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RISD REVENUE NET OF ELIMINATING ENTRIES 160,469,979. TRANSFER TO RHODE ISLAND SCHOOL OF DESIGN 351,932.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RISD EXPENSE NET OF ELIMINATING ENTRIES 156,189,325.
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt047830
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt126497
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt038118
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt1462
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt0278
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt113705
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ROSANNE SOMERSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1DAVID PROULX
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CHAIR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1TREASURER/SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0638364
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1291252
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0IN SETTING THE PRESIDENT'S COMPENSATION, THE FOLLOWING WERE USED BY THE RELATED ORGANIZATION TO ESTABLISH COMPENSATION: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SOLE MEMBER OF RISD HOLDINGS IS RHODE ISLAND SCHOOL OF DESIGN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RISD HOLDINGS, INC. BOARD DOES NOT HAVE ANY COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PROCESS FOR THE FORM 990 INCLUDES REVIEW BY SENIOR MANAGEMENT OF RISD, AND THE INDEPENDENT EXTERNAL TAX CONSULTANTS. THE AUDIT COMMITTEE IS PRESENTED WITH A DRAFT OF THE RETURN FOR ITS REVIEW. THE FULL BOARDS OF BOTH RISD HOLDINGS, INC. AND RHODE ISLAND SCHOOL OF DESIGN RECEIVE A FINAL COPY OF THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CERTAIN OFFICERS AND DIRECTORS OF THE ORGANIZATION ARE ALSO OFFICERS AND DIRECTORS OF RHODE ISLAND SCHOOL OF DESIGN (RISD). IN THIS CAPACITY, THEY ARE BOUND BY THE CONFLICT OF INTEREST POLICY OF RISD. ON AN ANNUAL BASIS, RISD'S TRUSTEES' OFFICE DISTRIBUTES A SURVEY TO ALL OF THE TRUSTEES REQUESTING INFORMATION ON MATTERS RELATING TO RISD'S CONFLICT OF INTEREST POLICY. THERE ARE FOLLOW UP PROCEDURES TO ENSURE THAT SURVEYS ARE COMPLETED AND RETURNED FOR REVIEW. THE GENERAL COUNSEL'S OFFICE PROVIDES ASSISTANCE TO TRUSTEES BY RESPONDING TO ANY QUESTIONS THEY MAY HAVE. RESULTS OF THE COMPLETED SURVEYS ARE PRESENTED TO THE TRUSTEES' AUDIT COMMITTEE. THE THRESHOLD FOR REPORTING TO THE COMMITTEE IS MORE THAN $10,000 PER YEAR (IN THE AGGREGATE, FOR EACH TRUSTEE). IN ADDITION TO THE ANNUAL SURVEY, THE TRUSTEES ARE REQUIRED TO DISCLOSE ANY ADDITIONAL CONFLICTS THAT MAY ARISE DURING THE COURSE OF THE YEAR. FURTHER, WHENEVER ANY MATTER INVOLVING A CONFLICT OF INTEREST ON THE PART OF ANY TRUSTEE IS DISCUSSED OR PROPOSED FOR ACTION AT BOARD OR COMMITTEE MEETINGS, SUCH CONFLICT SHALL BE DISCLOSED TO OTHER TRUSTEES PRESENT, AND THE TRUSTEE HAVING SUCH CONFLICT SHALL NOT VOTE OR USE HIS OR HER PERSONAL INFLUENCE ON THE MATTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4RISD HOLDINGS' FINANCIAL STATEMENTS ARE INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS OF THE RHODE ISLAND SCHOOL OF DESIGN THAT ARE MADE AVAILABLE ON WWW.RISD.EDU AND ALSO BY REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TRANSFER OF NET ASSETS FROM RISD 351,932.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CERTAIN OFFICERS AND DIRECTORS OF THE ORGANIZATION ARE ALSO OFFICERS AND DIRECTORS OF RHODE ISLAND SCHOOL OF DESIGN (RISD). RISD HAD THEIR WRITTEN POLICIES IN PLACE DURING FY19; HOWEVER, THE RISD BOARD HAS NOT APPROVED THE DOCUMENT RETENTION AND DESTRUCTION POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION HAS EMPLOYEES BUT THEIR FORMS W-2 ARE ISSUED FROM RISD.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINES 13 AND 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART V, LINE 2A
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0T
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0INVESTMENTS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0CHARITABLE REMAINDER TRUSTS (8)
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0611797922
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0NC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0INVESTMENT
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0WASHINGTON PLACE HOLDINGS LP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0550 SOUTH TRYON ST SUITE 3500
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0CHARLOTTE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0NC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd028202
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0RHODE ISLAND SCHOOL OF DESIGN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0050258956
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0TWO COLLEGE STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PROVIDENCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd002903
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd01
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06203693
IRS990/TotalAssetsEOYAmt06373930
IRS990/TotalAssetsGrp/BOYAmt06203693
IRS990/TotalAssetsGrp/EOYAmt06373930
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01091998
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06437811
IRS990/TotalLiabilitiesEOYAmt06148895
IRS990/TotalLiabilitiesGrp/BOYAmt06437811
IRS990/TotalLiabilitiesGrp/EOYAmt06148895
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-234118
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0225035
IRS990/TotalOtherCompensationAmt0112907
IRS990/TotalProgramServiceRevenueAmt01199219
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01199219
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01199219
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06203693
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06373930
IRS990/TotReportableCompRltdOrgAmt0816709
IRS990/TravelGrp/TotalAmt0559
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-234118
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0225035
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0TWO COLLEGE STREET
IRS990/USAddress/CityNm0PROVIDENCE
IRS990/USAddress/StateAbbreviationCd0RI
IRS990/USAddress/ZIPCd002903
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.RISD.EDU
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID PROULX
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SVP FINANCE & ADMINISTRATION
ReturnHeader/BusinessOfficerGrp/PhoneNum04014546766
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RISD HOLDINGS INC
ReturnHeader/Filer/BusinessNameControlTxt0RISD
ReturnHeader/Filer/EIN0050508151
ReturnHeader/Filer/PhoneNum04014546766
ReturnHeader/Filer/USAddress/AddressLine1Txt0TWO COLLEGE STREET
ReturnHeader/Filer/USAddress/CityNm0PROVIDENCE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002903
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0F58787FA80410BAE38B710EAF9FCC5760AD3BCDF
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.101.37.214
ReturnHeader/FilingSecurityInformation/IPDt02020-05-21
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm007:14:51
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390859910
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BAKER TILLY VIRCHOW KRAUSE LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01570 FRUITVILLE PIKE SUITE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LANCASTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd017601
ReturnHeader/PreparerPersonGrp/PhoneNum07177404863
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KERRI N BOGDA CPA
ReturnHeader/ReturnTs02020-05-26T09:21:15-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.90$6.21$0.69$1.30$1.16$0.14
2023Detailed filing. Detailed filing data is available for this year.$9.19$7.82$1.37$2.82$1.16$1.66
2022Detailed filing. Detailed filing data is available for this year.$7.10$7.39$0.29$1.19$1.17$0.03
2021Detailed filing. Detailed filing data is available for this year.$6.70$7.01$0.31$0.74$1.23$0.49
2020Detailed filing. Detailed filing data is available for this year.$6.74$6.57$0.17$1.10$1.16$0.05
2019Detailed filing. Detailed filing data is available for this year.$6.37$6.15$0.23$1.20$1.09$0.11
2018Detailed filing. Detailed filing data is available for this year.$6.20$6.44$0.23$0.38$0.26$0.12
2017Detailed filing. Detailed filing data is available for this year.$5.19$5.97$0.78$0.39$0.26$0.13
2016Detailed filing. Detailed filing data is available for this year.$5.06$5.97$0.91$0.06$0.26$0.32
2015Detailed filing. Detailed filing data is available for this year.$4.79$5.98$1.19$0.16$0.26$0.10
2014Detailed filing. Detailed filing data is available for this year.$4.88$5.97$1.09$0.24$0.26$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.89$5.96$1.07$0.34$0.26$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.87$6.02$1.15$0.26
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.68$6.01$0.33$0.26