Pratt Institute

“Family relationship: mike pratt, david pratt and anne h. Van ingen have a family relationship”

“Review of 990: the return is prepared by an independent firm based on information provided by the organization and in consultation with the organization's staff. The draft prepared by the accounting firm is then submitted to the controller, vp of finance, the finance and audit committee for their review, and then to the full board of directors before filing the completed form 990 with the irs.”

“Conflict of interest policy: the organization has a written conflict of interest policy covering all trustees, officers, and employees that provides that no individual may participate in discussion or decision on any matter in which he or she has a material financial interest. All trustees, officers and individuals who have purchasing authority are required to certify compliance with the conflict of interest policy on an annual basis. Form 990, part vi, line 14 document retention policy: a document retention and destruction policy has been drafted and is awaiting board approval.”

“Process of determining compensation: compensation for the president, officers and key employees are determined by a process that includes the use of external comparability data, review and approval by the board and executive committee of the board of trustees, and contemporaneous recordkeeping of their deliberations and decisions. The president's compensation is reviewed and approved by the executive committee of the board of trustees. Based upon the review, president's compensation is then determined and approved by the committee. Compensation for officers and key employees of the institute is determined with the use of comparative market data and reviewed by a subcommittee of the board. Form 990, part vi, line 18 other: the organization's form 990 is available at guidestar.org.”

“Disclosure: the organization's governing documents, conflict of interest policy and financial statements are available to the public upon request from the office of the vp of finance or the controller's office.”

“Organization's mission: the mission of pratt institute is to educate artists and creative professionals to be responsible contributors to society. Pratt seeks to instill in all graduates aesthetic judgment, professional knowledge, collaborative skills, and technical expertise. With a firm grounding in the liberal arts and sciences, a pratt education blends theory with creative application in preparing graduates to become leaders in their professions. Pratt enrolls a diverse group of highly talented and dedicated students, challenging them to achieve their full potential.”

“Statement of program service accomplishments: line 4a: instruction: ---------------------- pratt offers 29 undergraduate degree and 34 graduate degree programs in art & design, architecture, liberal arts & sciences (ug), information & library science (g) and center for continuing & professional studies. It offers more than 20 study abroad and international exchange programs in more than a dozen locations including rome, florence, milan, copenhagen, london and tokyo. In addition, pratt provides students with opportunities to enroll in five dual degree programs. It also offers five programs leading to an advanced certificate award: art & design education, archives programs, library & information specialist and museum libraries, minor programs in construction management, cultural studies and history of art & design. It also offers 2 full-time english as a second language (esl) programs for international students that focus on the language of art, design and architecture. Pratt institute's official enrollment for the fy2015-16 was 4,659 students. *undergraduate (3,167 students) - art: 901; design: 1,441; architecture: 678; liberal arts & sciences: 147 *graduate (1,349 students) - art: 356; design: 375; architecture: 366; information & library science: 158; las: 94; *aos : 121; *pre - college - high school program : 22. *conferred degrees - bachelor's degree: 675; master's degree: 553; and associate degrees: 28”

“Statement of program service accomplishments: line 4b: academic support: -------------------------- scholarships are vital to fostering the unique abilities of the more than 4,000 talented young men and women enrolled at pratt, the majority of whom would otherwise be unable to benefit from the world-class, cutting edge education that the institute offers. Currently, over 80% of pratt students receive some form of financial aid. Scholarships provide these students with meaningful support that enable them to pursue their education while reducing their financial burdens. Pratt institutes endowed faculty development funds to provide increased resources for the competitively awarded annual grants that not only advance pratt faculty members' research and creative interests but also strengthen the institute's curriculum overall. With the support of these funds, pratt faculty can undertake research and projects to advance the curriculum and their fields, explore new directions in teaching, and inspire new interdisciplinary work that will contribute to the learning environment. Specific activities might include studio projects, publications, travel, research, and cross-disciplinary courses and studies by faculty teams.”

“Statement of program service accomplishments: line 4c: public service: ------------------------ pratt's department of art and design education offers a variety of programs for the community. It provides opportunities for artists and designers of all ages to recognize pratt institute offers a number of programs, centers and initiatives that benefit the public and communities. A number of them are listed below. The art education program: pratt's department of art and design education offers a variety of programs for the community. It provides opportunities for artists and designers of all ages to recognize and develop their creative potential. Classes are held on pratt's campus where participants learn in a college environment. These programs prepare pratt students studying art & design education to work as teachers and artists while simultaneously bringing art and design classes to the community. Featured programs are design initiative for community empowerment (dice), pratt young scholars, saturday art school, and summer design. The spatial analysis and visualization initiative (savi): savi at pratt institute is a geographic information systems (gis)-centered initiative that provides students and faculty across disciplines access to gis and visualization resources. Savi is dedicated to pratt's commitment to benefit the greater community and provides services and gis technical assistance to new york city-based nonprofit, civic, and community-based planning organizations, and offers a gis and design certificate program through the school of continuing and professional studies. Savi maintains a database of spatial and informational data sets, available for public use on most networked computers at the pratt brooklyn campus. Below are listed achievements in fy15/16. Museum of the city of new york: mapping nyc 2000-2050, future city lab gallery, new york at its core exhibit. Savi performed data analysis and mapping for the museum of the city of new yorks (mcny) first permanent exhibition, new york at its core. The exhibit presents the dramatic 400-year history of new york city as well as a high-tech look at the future. Savi worked with mcny curators for six months to analyze spatial data and develop stories for the future city lab, which is one of three galleries in the exhibition and covers the years 2000-2050. The project resulted in nearly 100 maps around five themes: living together, housing a growing city, making a living, getting around, and living with nature. Neighbors allied for good growth/ toxicity map: in the brooklyn communities of greenpoint and williamsburg, neighbors allied for good growth aims to recapture the waterfront, reduce local environmental hazards, and advocate for public policies promoting healthy mixed-use communities. Neighbors allied for good growth (nag) enlisted savi to determine the extent of pollution that has occurred throughout the history of greenpoint and williamsburg. Savi underwent an arduous process of data mining and assessment of dep, epa, and other agency records to locate areas of concern. Savi then combined this cleaned and distilled data, with other demographic information, into a simple story told through a website called toxicity. Tracking movement in cities, design modelling symposium 2015: savi has been performing ongoing research with partners from columbia university, rhode island school of design and university of california, berkeley on using new technologies to map urban flows. Using gis, gps, mobile apps and indoor tracking technologies, the team has performed several case studies. For example, one case study examined possible correlations between the physical placement of recycling bins versus seating and the behavioral choices around waste disposal. The research team also ran a workshop at the 2015 design modelling symposium. Brooklyn navy yard/mapping worker origins: the brooklyn navy yard development corporation aims to promote local economic development and job creation.”

“Statement of program service accomplishments: line 4d: other program services: -------------------------------- student services: includes expenses incurred for students' activities and events by the following student support services departments: admissions, registrar, bursar, financial aid, athletics, international affairs, health & counseling, career services and other student services departments. The student affairs division provides programs and services that promote student personal and professional development; fosters a campus environment that is conducive to student learning and advocates for and supports students as they meet the challenges of the pratt experiences. The office of international affairs provides services to about 1,407 international students from over 75 countries as well as j1 exchange visitors, exchange students, professors and scholars. This office is responsible to ensure pratt's compliance with the department of homeland security and department of state. Institutional support: includes expenditures primarily incurred by the security office, strategic planning, office of institutional research information technology, academic marketing, sustainability and other program services related general institute expenses. Tremendous progress with the implementation of the approved strategic plan for 2012-17 has been achieved and most goals were being implemented as scheduled. Institutional research has submitted all federally and state required enrollment & financial surveys, launched the online pratt fact book in may and launched three surveys: employee satisfaction with pratt retirement benefits, student satisfaction with financial aid and bursar services and faculty preferences for training needs in computer assisted instruction at pratt's summer technology institute provided by the educational technology department. Operation and maintenance of plant: includes expenses for the maintenance and upkeep of buildings, management and support of the operations of physical plant facilities, utilities, cleaning and other related functions, capital renovation projects, etc. During fy15/16 the facilities department was busy completing many major and minor rehab projects in preparation for the upcoming fall 2016 semester. Work ranged from space renewal renovations including furniture, finishes and carpet upgrades in classrooms & offices in the library, dekalb hall and the arc. To major tec upgrades in north hall, south hall & higgins hall lecture halls & classrooms. Lighting and electrical distribution improvements were completed for studios in higgins, labs in engineering and lecture rooms in main. Capital improvements continued with the completion of phase v of the townhouse renovations in august. Renovations have been completed for 22 of the 27 residential buildings. Construction work is ongoing for the much anticipated student union, the facilities staff is working closely with the designers and construction managers to progress the work. Design was completed in late summer for the new dormitory building on emerson place and ground breaking is scheduled for early part of fy16/17. Interior renovations were completed for photography classrooms, labs and lecture hall in the arc, engineering 2nd floor, pratt studios 4th floor and myrtle hall 6th floor repurposing of office space for a new disability resource center. In the residence halls, upgrades for 34 bathrooms in willoughby hall and infrastructure upgrades to the mechanical systems in stabile hall and pantas were completed this summer. Other initiative include development and roll out of a new work order system which when fully integrated into mypratt will provide for a more efficient processing of the daily maintenance activities with the goal of improving our overall service to the pratt community. The standardization of procedures and routine maintenance will be the focus as we begin the fall 2016 semester. Standardization of forms including budgets, sched”

“OTHER CHANGES IN NET ASSETS OR FUND BALANCE: ADJUSTMENT TO CONTRIBUTIONS RECEIVABLE (2,000,000) Postretirement related changes 3,461,125 LOSS ON BOND REFUND (7,018,454) ------------- TOTAL (5,557,329) =============”