Civic Intelligence

Barnard College

990 • Fiscal year 2015 • EIN 13-1628149

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 09, 2016

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3009 BroadwayNew York, NY 10027

(212) 854-7732

Siviq Scores

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

Liabilities / Assets

47th percentile

0.33x

Higher debt load relative to assets than 47% of similar nonprofits.

2015 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2015

Liabilities / Revenue

75th percentile

0.94x

Higher debt load relative to revenue than 75% of similar nonprofits.

2015 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2015

Net Margin

67th percentile

11%

Higher net margin than 67% of similar nonprofits.

2015 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2015

Top Officer Pay

40th percentile

$679,533

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2015 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2015

Asset Growth

91st percentile

18%

Faster asset growth than 91% of similar nonprofits.

2015 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2014 to 2015

Revenue Growth

73rd percentile

10%

Faster revenue growth than 73% of similar nonprofits.

2015 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2014 to 2015

Assets

Up

$590,271,511

Up $89,506,664 (+18%) from 2014

Net Assets

Up

$398,235,834

Up $19,327,073 (+5.1%) from 2014

Liabilities

Up

$192,035,677

Up $70,179,591 (+58%) from 2014

Revenue

Up

$203,779,463

Up $18,969,406 (+10%) from 2014

Expenses

Up

$181,089,833

Up $8,258,103 (+4.8%) from 2014

Net Income

Up

$22,689,630

Up $10,711,303 (+89%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5B$1.0B$500M$0Assets 2011: $443,828,441Liabilities 2011: $140,050,528Net Assets 2011: $303,777,9132011Assets 2012: $431,324,474Liabilities 2012: $135,097,568Net Assets 2012: $296,226,9062012Assets 2013: $462,114,101Liabilities 2013: $126,136,522Net Assets 2013: $335,977,5792013Assets 2014: $500,764,847Liabilities 2014: $121,856,086Net Assets 2014: $378,908,7612014Assets 2015: $590,271,511Liabilities 2015: $192,035,677Net Assets 2015: $398,235,8342015Assets 2016: $635,123,105Liabilities 2016: $194,337,347Net Assets 2016: $440,785,7582016Assets 2017: $684,938,971Liabilities 2017: $195,077,808Net Assets 2017: $489,861,1632017Assets 2018: $737,860,736Liabilities 2018: $222,549,129Net Assets 2018: $515,311,6072018Assets 2019: $792,703,581Liabilities 2019: $265,154,236Net Assets 2019: $527,549,3452019Assets 2020: $830,490,132Liabilities 2020: $311,517,612Net Assets 2020: $518,972,5202020Assets 2021: $934,956,587Liabilities 2021: $293,309,771Net Assets 2021: $641,646,8162021Assets 2022: $957,977,266Liabilities 2022: $289,829,962Net Assets 2022: $668,147,3042022Assets 2023: $1,002,232,126Liabilities 2023: $312,338,743Net Assets 2023: $689,893,3832023Assets 2024: $1,064,400,513Liabilities 2024: $330,080,691Net Assets 2024: $734,319,8222024

Highlighted filing

2015

Assets$590,271,511
Liabilities$192,035,677
Net Assets$398,235,834

Operations Trend

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

$400M$300M$200M$100M$0-$100MExpenses 2011: $153,319,8392011Expenses 2012: $162,898,2522012Revenue 2013: $178,505,443Expenses 2013: $162,130,524Net Income 2013: $16,374,9192013Revenue 2014: $184,810,057Expenses 2014: $172,831,730Net Income 2014: $11,978,3272014Revenue 2015: $203,779,463Expenses 2015: $181,089,833Net Income 2015: $22,689,6302015Revenue 2016: $262,587,176Expenses 2016: $191,794,432Net Income 2016: $70,792,7442016Revenue 2017: $221,676,130Expenses 2017: $195,904,014Net Income 2017: $25,772,1162017Revenue 2018: $306,445,627Expenses 2018: $203,314,819Net Income 2018: $103,130,8082018Revenue 2019: $236,041,202Expenses 2019: $229,762,291Net Income 2019: $6,278,9112019Revenue 2020: $238,966,653Expenses 2020: $241,074,307Net Income 2020: -$2,107,6542020Revenue 2021: $267,817,606Expenses 2021: $220,273,794Net Income 2021: $47,543,8122021Revenue 2022: $366,338,758Expenses 2022: $263,655,184Net Income 2022: $102,683,5742022Revenue 2023: $313,721,507Expenses 2023: $313,255,277Net Income 2023: $466,2302023Revenue 2024: $351,453,765Expenses 2024: $341,937,959Net Income 2024: $9,515,8062024

Highlighted filing

2015

Revenue$203,779,463
Expenses$181,089,833
Net Income$22,689,630
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 9, 2016
Return Version
2014v6.0
Gross Receipts
$268,586,490
Mission and Program Overview

Mission

See Schedule O for Barnard College's mission statement.

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)

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$264,518,354$277,513,915▲ $12,995,561
Land, Buildings, and Equipment, Net$142,780,760$144,309,701▲ $1,528,941
Investments Program Related$4,404,457$71,981,152▲ $67,576,695
Cash and Non-Interest-Bearing Accounts$36,235,254$42,359,270▲ $6,124,016
Investments in Publicly Traded Securities$28,474,911$29,771,934▲ $1,297,023
Pledges and Grants Receivable$14,865,132$14,592,636▼ $272,496
Prepaid Expenses and Deferred Charges$3,962,374$3,899,707▼ $62,667
Other Notes and Loans Receivable, Net$2,673,859$2,449,751▼ $224,108
Inventories for Sale or Use$210,409$239,315▲ $28,906
Accounts Receivable$130,651$169,569▲ $38,918
Savings and Temporary Cash Investments$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$500,764,847$590,271,511▲ $89,506,664
Other Assets Total$2,508,686$2,984,561▲ $475,875
Liabilities
Tax Exempt Bond Liabilities$76,999,329$143,329,305▲ $66,329,976
Other Liabilities$25,059,501$27,087,168▲ $2,027,667
Accounts Payable and Accrued Expenses$13,269,342$15,579,258▲ $2,309,916
Deferred Revenue$4,266,119$3,811,487▼ $454,632
Grants Payable$2,261,795$2,228,459▼ $33,336
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Total Liabilities$121,856,086$192,035,677▲ $70,179,591
Net Assets / Fund Balance
Permanently Rstr Net Assets$146,691,356$157,503,195▲ $10,811,839
Temporarily Rstr Net Assets$145,718,083$155,972,433▲ $10,254,350
Unrestricted Net Assets$86,499,322$84,760,206▼ $1,739,116
Total Net Assets Fund Balance$378,908,761$398,235,834▲ $19,327,073
Total Liabilities and Net Assets / Fund Balance$500,764,847$590,271,511▲ $89,506,664

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$131,234,511$125,647,770$256,882,281
Equipment$4,862,942$27,917,883$32,780,825
Other Land Buildings$6,978,281$308,287$7,286,568
Land$1,233,967-$1,233,967
Investment Program Related Org$71,981,152--
Leasehold Improvements$0$0$0
Other Securities$6,439,429--
Closely Held Equity Interests$0--
Financial Derivatives$0--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$282,048,169$11,394,023▲ $16,022,284$5,216,875$296,517,921
2013$240,710,000$13,732,348▲ $39,368,149$4,842,748$282,048,169
2012$213,516,000$6,855,381▲ $31,712,887$4,584,844$240,710,000
2011$215,488,726$3,771,498▲ $4,717,370$4,179,058$213,516,000
2010$184,014,662$3,637,098▲ $37,263,758$4,488,747$215,488,726
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Debora SparEx Officio and PresidentFT$481,145$198,388$679,533
Bret SilverVP for DevelopmentFT$304,539$55,952$360,491
Bret SilverVP for Development& Alumnae Affairs-$304,539$55,952$360,491
Linda BellProvost and Dean of The FacultyFT$284,988$57,715$342,703
Rae SilverProfessorFT$237,300$52,335$289,635
Robert McCaugheyProfessorFT$231,087$50,026$281,113
Dusa McDuffProfessorFT$229,769$44,175$273,944
Kathryn KolbertDirector Athena CTR Prof of LeadFT$220,288$51,530$271,818
Avis HinksonDean of the CollegeFT$212,458$38,724$251,182
William B WorthenProfessorFT$203,958$41,341$245,299
Carol M KatzmanVP for Information TechnologyFT$180,118$51,999$232,117
Carol M KatzmanVP Information Technology-$180,118$51,999$232,117
Joanne KwongVP for Communications & Counsel to the PresidentFT$168,555$51,563$220,118
Gail BeltroneVP for Campus ServicesFT$181,788$28,614$210,402
Eileen DiBenedettoVice President for FinanceFT$169,239$36,653$205,892
Jomysha StephenChief of Staff to the President & General CounselFT$169,772$27,232$197,004
Catherine GeddisVP for Human ResourcesFT$164,283$30,775$195,058
Catherine GeddisVP Human Resources-$164,283$30,775$195,058
Robert GoldbergChief Operating OfficerFT$134,818$22,272$157,090
Gregory BrownChief Operating OfficerFT$88,786$19,302$108,088

Highest Paid Contractors

ContractorServicesLocationCompensation
Skidmore Owings & MerrillArchitectural Srevice14 WALL STREET, New York, NY 10005$1,583,582
Investure LLCInvestment Management126 Garrett Street, Suite J, Charlottesville, VA 22902$1,166,757
Grant Thornton LLPAuditing Service666 Third Avenue, 13th Flo, New York, NY 10017$158,240
C P S 5 LLCCatering770 Fifth Avenue, C/O The Plaz, New York, NY 10019$124,130
Duane Morris LLPLegal Services30 South Fifth Street, Philadelphia, PA 19103-4196$111,741
Revenue and Support

Revenue Composition

Contributions and Grants
$38,713,197
Program Service Revenue
$147,220,524
Investment Income
$15,402,901
Other Revenue
$2,442,841
All Other Contributions
$31,792,104
Change in Net Assets
$22,689,630

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded78$2,002,205Mean mkt Price
Works of Art39$114,000Fair Market Value (FMV)
Total Noncash Contributions117$2,116,205-

Audited Revenue Reconciliation

Revenue per Audited Statements
$150,981,982
Revenue Not Reported on Financial Statements
$52,797,481
Revenue Not Reported on Form 990
$-3,839,609
Other Revenue Adjustments
$52,797,481
Total Revenue per Audited Statements
$147,142,373
Total Revenue per Form 990
$203,779,463
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$94,139,803
Other Expenses$51,559,452
Grants and Similar Amounts Paid$35,103,973
Total Fundraising Expense$6,234,726
Professional Fundraising Fees$286,605

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$54,581,681$7,798,355$3,061,193$65,441,229
Grants to Domestic Individuals$34,186,702--$34,186,702
Other Employee Benefits$11,165,807$1,755,414$634,445$13,555,666
Occupancy$8,030,016$483,307$375,235$8,888,558
Depreciation Depletion$6,495,212$599,048$36,315$7,130,575
Pension Plan Contributions$5,381,152$783,889$315,118$6,480,159
Other Expenses$5,528,521$0$0$5,528,521
Office Expenses$3,258,160$1,577,986$387,400$5,223,546
Payroll Taxes$4,115,946$685,664$259,340$5,060,950
All Other Expenses$2,208,927$1,774,336$200,506$4,183,769
Current Officers, Directors, Trustees, and Key Employees$635,426$2,578,209$388,164$3,601,799
Interest$2,970,427$0$0$2,970,427
Fees for Services Other$1,234,899$861,709$0$2,096,608
Fees for Service Investment Mgmnt Fees$0$1,455,624$0$1,455,624
Travel$833,795$335,973$271,749$1,441,517
Conferences and Meetings$868,065$295,145$7,833$1,171,043
Information Technology$155,295$831,255$7,223$993,773
Foreign Grants$917,271--$917,271
Insurance$379,405$141,808$0$521,213
Fees for Services Legal$45,821$358,068$3,600$407,489
Fees for Services Professional Fundraising--$286,605$286,605
Fees for Services Accounting$0$231,163$0$231,163
Total Functional Expenses$152,308,154$22,546,953$6,234,726$181,089,833

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$181,089,833
Total Expenses per Audited Statements$145,815,915
Expenses per Audited Statements$144,303,443
Expenses Not Reported on Financial Statements$36,786,390
Other Expense Adjustments$36,786,390
Expenses Not Reported on Form 990$1,512,472
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Columbia UniversityNew York, NY501 (c) (3)Time and Associative Learning$100,933
Columbia UniversityNew York, NY501 (c) (3)Particle Astrophysics at TeV Energies with VERITAS$74,397
University of Wisconsin MadisonMilwaukee, WI501 (c) (3)Reducing Stereotype Threat 2.0 Planning Grant: Focus on STEM$35,317
Columbia UniversityNew York, NY501 (c) (3)Collaborative Research: MRI Consortium: Development of a Novel Telescope for very High-Energy Gamma-Ray Astrophysicis$18,974
Teacher CollegeNew York, NY501 (c) (3)Hughes Science Pipeline Project Subcontract to Institution$11,461

International Summary

Offices
0
Employees
0
Spending
$79,042,618

International Compliance

Activity in boycott countries
Yes
Foreign corporation ownership
Yes
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestmentsInvestments00$76,752,426
Europe (including Iceland and Greenland)Program ServicesStudy Abroad00$1,071,136
Europe (including Iceland and Greenland)Program ServicesResearch00$392,661
Europe (including Iceland and Greenland)Program ServicesDevelopment00$179,528
Europe (including Iceland and Greenland)Program ServicesAdmissions00$80,728
East Asia and the PacificProgram ServicesResearch00$72,214
Europe (including Iceland and Greenland)Program ServicesInstruction00$58,103
East Asia and the PacificProgram ServicesStudy Abroad00$41,677
Sub-Saharan AfricaProgram ServicesInstruction00$39,623
East Asia and the PacificProgram ServicesDevelopment00$32,839
South AmericaProgram ServicesDevelopment00$31,257
Europe (including Iceland and Greenland)Program ServicesInternational Programs00$27,056
North America (including Canada and Mexico, but not the United States)Program ServicesResearch00$25,504
Sub-Saharan AfricaProgram ServicesResearch00$23,159
South AsiaProgram ServicesResearch00$18,898
Europe (including Iceland and Greenland)Program ServicesAdmissions00$17,839
East Asia and the PacificProgram ServicesSymposium00$17,483
Central America and the CaribbeanProgram ServicesResearch00$14,662
East Asia and the PacificProgram ServicesInstruction00$14,195
South AmericaProgram ServicesSymposium00$11,783
North America (including Canada and Mexico, but not the United States)Program ServicesAdministration00$11,590
South AsiaProgram ServicesSymposium00$11,101
South AsiaProgram ServicesInstruction00$9,682
East Asia and the PacificProgram ServicesAdmissions00$9,621
Sub-Saharan AfricaProgram ServicesInternational Programs00$9,155
Europe (including Iceland and Greenland)Program ServicesSymposium00$8,554
Middle East and North AfricaProgram ServicesStudy Abroad00$8,450
South AsiaProgram ServicesAdmissions00$7,882
North America (including Canada and Mexico, but not the United States)Program ServicesInstruction00$6,797
South AsiaProgram ServicesInternational Programs00$6,739
Middle East and North AfricaProgram ServicesInstruction00$5,333
Middle East and North AfricaProgram ServicesAdmissions00$4,855
Middle East and North AfricaProgram ServicesResearch00$4,057
South AmericaProgram ServicesResearch00$3,342
North America (including Canada and Mexico, but not the United States)Program ServicesAdmissions00$2,614
South AmericaProgram ServicesAdministration00$2,428
South AmericaProgram ServicesAdmissions00$2,365
Russia and the newly independent StatesProgram ServicesInstruction00$2,000
Central America and the CaribbeanProgram ServicesInstruction00$870
Middle East and North AfricaProgram ServicesInternational Programs00$769
East Asia and the PacificProgram ServicesAdministration00$564
East Asia and the PacificProgram ServicesInternational Programs00$346
Middle East and North AfricaProgram ServicesAdministration00$275
South AmericaProgram ServicesInstruction00$199
North America (including Canada and Mexico, but not the United States)Program ServicesDevelopment00$118
Russia and the newly independent StatesProgram ServicesInternational Programs00$85
South AmericaProgram ServicesInternational Programs00$56
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$320,345
Professional Fundraising Fees$286,605
Fundraising Gross Income$134,845

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Scholarship NY Gala$3,024,897$104,320$118,514$-14,194
Scholarship LA Gala$317,800$30,525$17,333$13,192
Total Events$3,342,697$134,845$320,345$-185,500
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Postretirement benefits payable$19,813,169
Liability under split interest agreement$4,693,405
Asset retirement obligation$2,580,594

Bond Issues

BondIssuerIssuedIssue PricePurpose
CDormitory Authority of the State of New York2015-04-24$124,699,725See Part VI
ADormitory Authority of the State of New York2007-07-11$50,184,096See Part VI
DDormitory Authority of the State of New York2015-05-29$36,200,000See Part VI
BDormitory Authority of the State of New York2008-04-24$28,040,000See Part VI

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
C$124,699,725$53,574,543$0$1,082,074
A$50,184,096$23,106,538$0$615,889
D$36,200,000$0$0$257,400
B$28,040,000$27,612,047$0$372,367

Bond Financing Compliance

Form 8038-T filed
Yes
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The Form 990 is reviewed by the Vice President for Finance, the Chief Operating Officer, The President and the Committee on Audits and Compliance.

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

The conflict of interest policy and disclosure statements are distributed annually to each Trustee, Director and Key Employee who shall read the policy, disclosure statements and sign the certification agreeing to be bound by the policy and return the disclosure statements to the College's General Counsel for review.

Form 990, Part VI, Section B, Line 15

The Compensation Committee of Barnard College's Board of Trustees is responsible for determining and approving the compensation of the College's President (CEO) and other top management officials including the: Chief Operating Officer, Dean of the College, Provost, Vice President for Development, and Vice President for Communications. The Compensation Committee is provided with comparable data from the higher education industry and uses that data to determine the compensation levels on an annual basis.

Form 990, Part VI, Section C, Line 19

The College discloses its audited financial statements and its conflict of interest policies on its website.

Filing and Contact Details

Filer

Filer Name
Barnard College
EIN
13-1628149
Phone
2128547732
Address
3009 BROADWAY, NEW YORK, NY 10027

Signing Officer

Name
Eileen DiBenedetto
Title
Vice President for Finance
Phone
2128542003
Signed
2016-02-09

Organization Details

Principal Officer
Eileen DiBenedetto
Formed
1889
Legal Domicile
Ny
Voting Board Members
29
Independent Board Members
28
Employees
2,509
Volunteers
300
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 1

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. With a dedicated faculty of scholars distinguished in their respective fields, Barnard is a community of accessible teachers and engaged students who participate together in intellectual risk-taking and discovery. Barnard students develop the intellectual resources to take advantage of opportunities as new fields, new ideas, and new technologies emerge. They graduate prepared to lead lives that are professionally satisfying and successful, personally fulfilling, and enriched by love of learning. As a college for women, Barnard embraces its responsibility to address issues of gender in all of their complexity and urgency, and to help students achieve the personal strength that will enable them to meet the challenges they will encounter throughout their lives. Located in the cosmopolitan urban environment of New York City, and committed to diversity in its student body, faculty and staff, Barnard prepares its graduates to flourish in different cultural surroundings in an increasingly inter-connected world. The Barnard community thrives on high expectations. By setting rigorous academic standards and giving students the support they need to meet those standards, Barnard enables them to discover their own capabilities living and learning in this unique environment, Barnard students become agile, resilient, responsible, and creative, prepared to lead and serve their society.

Form 990, Part V, Line 3B

The Form 990-T for the tax year beginning July 1, 2014 and ending June 30, 2015 was granted an extension of time to file and will be filed by the College by May 15, 2016.

Form 990, Part XI, Line 9

Other Consists of Loss on debt extinguishment $ (4,031,551) and misc. adjustment $ (22,400). The total of these adjustments equals $ (4,053,951).

Financial Statement Notes

Schedule D, Part III, Line 4

The art and historical treasures primarily consist of paintings and drawings maintained for the preservation for future generations. At June 30, 2015 the value of such assets of the College were approximately $ 794,841.

Schedule D, Part V, Line 4

The College's endowment consists of approximately 800 individual funds established for a variety of purposes, including both donor-restricted endowment funds and funds designated by the College to function as endowments (quasi-endowments). Annual spending from the endowment is set at 5% of the rolling three year average of the endowment's market value as of December 31st of the previous year and is approved annually by the Board of Trustees. This spending was used in accordance with donor or Board restrictions. The donor and Board restrictions include financial aid, instructional support, student internships, faculty research and support, and general operations of the College. The endowment funds listed in 1a through 1g exclude perpetual trusts and pledges of approximately $7.8 million at June 30, 2015. The perpetual trusts are held and administered for Barnard College by unrelated organizations.

Schedule D, Part X, Line 2

The College complies with the guidance of ASC 740-10, Accounting for Uncertainty in Income Taxes, which addresses the accounting for uncertainties in income taxes recognized in an enterprise's financial statements. The College utilizes a threshold for more-likely than-not for recognition and derecognition of tax positions taken or expected to be taken in a tax return. ASC 740-10 also provides related guidance on the measurement, classification, interest and penalties, and disclosures.

Schedule D, Part XI, Line 4B

Other consists of Contributions for long term purposes of $ 11,062,987, Contributions for plant improvements of $ 8,727,100, Change in value of split interest agreements of ($ 584,107), Financial aid allowance of $ 35,103,973, Fundraising events expense of ($ 320,345), and rental expense for non program service areas of ($1,192,127). The total of these adjustments equals $ 52,797,481.

Schedule D, Part XII, Line 2D

Other consists of fundraising event expense of $ 320,345, and rental expense for non program services areas of $ 1,192,127. The total of these adjustments equals $ 1,512,472.

Schedule D, Part XII, Line 4B

Other consists of Financial aid allowance of $35,103,973 , Change in value of obligation under derivative instrument of $(12,611) and Postretirement benefit cost other than net periodic benefit cost of $259,661, investment expense $1,455,624, and (20,257) other miscellaneous expenses. The total of these adjustments equals $36,786,390

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IRS990/ActivityOrMissionDesc0Barnard 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)
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IRS990/Desc0Post-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 and 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.
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IRS990/Form990PartVIISectionAGrp/PersonNm25Cynthia Stivers
IRS990/Form990PartVIISectionAGrp/PersonNm26Nina Sun
IRS990/Form990PartVIISectionAGrp/PersonNm27Twyla Tharp
IRS990/Form990PartVIISectionAGrp/PersonNm28Diana T Vagelos
IRS990/Form990PartVIISectionAGrp/PersonNm29Daniel B Zwirn
IRS990/Form990PartVIISectionAGrp/PersonNm30Debora Spar
IRS990/Form990PartVIISectionAGrp/PersonNm31Avis Hinkson
IRS990/Form990PartVIISectionAGrp/PersonNm32Bret Silver
IRS990/Form990PartVIISectionAGrp/PersonNm33Gail Beltrone
IRS990/Form990PartVIISectionAGrp/PersonNm34Robert Goldberg
IRS990/Form990PartVIISectionAGrp/PersonNm35Joanne Kwong
IRS990/Form990PartVIISectionAGrp/PersonNm36Linda Bell
IRS990/Form990PartVIISectionAGrp/PersonNm37Jomysha Stephen
IRS990/Form990PartVIISectionAGrp/PersonNm38Eileen DiBenedetto
IRS990/Form990PartVIISectionAGrp/PersonNm39Carol M Katzman
IRS990/Form990PartVIISectionAGrp/PersonNm40Catherine Geddis
IRS990/Form990PartVIISectionAGrp/PersonNm41Rae Silver
IRS990/Form990PartVIISectionAGrp/PersonNm42Robert McCaughey
IRS990/Form990PartVIISectionAGrp/PersonNm43Dusa McDuff

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1,064$330$734$351$342$9.52
2023Detailed filing. Detailed filing data is available for this year.$1,002$312$690$314$313$0.47
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$958$290$668$366$264$103
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$935$293$642$268$220$47.5
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$830$312$519$239$241$2.11
2019Detailed filing. Detailed filing data is available for this year.$793$265$528$236$230$6.28
2018Detailed filing. Detailed filing data is available for this year.$738$223$515$306$203$103
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$685$195$490$222$196$25.8
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$635$194$441$263$192$70.8
2015Detailed filing. Detailed filing data is available for this year.$590$192$398$204$181$22.7
2014Detailed filing. Detailed filing data is available for this year.$501$122$379$185$173$12.0
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$462$126$336$179$162$16.4
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$431$135$296$163
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$444$140$304$153
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • NTEE B420 • $250M-$1B nonprofits