Civic Intelligence

Barnard College

990 • Fiscal year 2016 • EIN 13-1628149

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 31, 2017

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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

44th percentile

0.31x

Higher debt load relative to assets than 44% of similar nonprofits.

2016 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2016

Liabilities / Revenue

62nd percentile

0.74x

Higher debt load relative to revenue than 62% of similar nonprofits.

2016 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2016

Net Margin

89th percentile

27%

Higher net margin than 89% of similar nonprofits.

2016 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2016

Top Officer Pay

43rd percentile

$744,713

Higher top officer pay than 43% of similar nonprofits.

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

2016 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2016

Asset Growth

75th percentile

7.6%

Faster asset growth than 75% of similar nonprofits.

2016 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2015 to 2016

Revenue Growth

93rd percentile

29%

Faster revenue growth than 93% of similar nonprofits.

2016 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2015 to 2016

Assets

Up

$635,123,105

Up $44,851,594 (+7.6%) from 2015

Net Assets

Up

$440,785,758

Up $42,549,924 (+11%) from 2015

Liabilities

Up

$194,337,347

Up $2,301,670 (+1.2%) from 2015

Revenue

Up

$262,587,176

Up $58,807,713 (+29%) from 2015

Expenses

Up

$191,794,432

Up $10,704,599 (+5.9%) from 2015

Net Income

Up

$70,792,744

Up $48,103,114 (+212%) from 2015

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

2016

Assets$635,123,105
Liabilities$194,337,347
Net Assets$440,785,758

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

2016

Revenue$262,587,176
Expenses$191,794,432
Net Income$70,792,744
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 31, 2017
Return Version
2015v3.0
Gross Receipts
$357,088,818
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$277,513,915$276,264,706▼ $1,249,209
Land, Buildings, and Equipment, Net$144,309,701$162,241,515▲ $17,931,814
Pledges and Grants Receivable$14,592,636$64,137,847▲ $49,545,211
Investments Program Related$71,981,152$60,934,708▼ $11,046,444
Cash and Non-Interest-Bearing Accounts$42,359,270$40,012,371▼ $2,346,899
Investments in Publicly Traded Securities$29,771,934$21,454,896▼ $8,317,038
Prepaid Expenses and Deferred Charges$3,899,707$4,094,682▲ $194,975
Other Notes and Loans Receivable, Net$2,449,751$2,144,384▼ $305,367
Accounts Receivable$169,569$201,980▲ $32,411
Inventories for Sale or Use$239,315$197,977▼ $41,338
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$590,271,511$635,123,105▲ $44,851,594
Other Assets Total$2,984,561$3,438,039▲ $453,478
Liabilities
Tax Exempt Bond Liabilities$143,329,305$140,573,923▼ $2,755,382
Other Liabilities$27,087,168$30,935,018▲ $3,847,850
Accounts Payable and Accrued Expenses$15,579,258$18,442,171▲ $2,862,913
Deferred Revenue$3,811,487$3,341,974▼ $469,513
Grants Payable$2,228,459$1,044,261▼ $1,184,198
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$192,035,677$194,337,347▲ $2,301,670
Net Assets / Fund Balance
Temporarily Rstr Net Assets$155,972,433$174,371,202▲ $18,398,769
Permanently Rstr Net Assets$157,503,195$167,868,943▲ $10,365,748
Unrestricted Net Assets$84,760,206$98,545,613▲ $13,785,407
Total Net Assets Fund Balance$398,235,834$440,785,758▲ $42,549,924
Total Liabilities and Net Assets / Fund Balance$590,271,511$635,123,105▲ $44,851,594

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$137,090,985$127,494,287$264,585,272
Equipment$3,474,220$25,606,836$29,081,056
Other Land Buildings$20,442,343$0$20,442,343
Land$1,233,967-$1,233,967
Investment Program Related Org$60,934,708--
Leasehold Improvements$0$0$0
Other Securities$6,501,518--
Closely Held Equity Interests$0--
Financial Derivatives$0--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$296,517,921$16,519,202▼ $12,319,915$6,235,279$286,760,958
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Debora SparEx-Officio and PresidentFT$514,527$230,186$744,713
Bret SilverVP for DevelopmentFT$313,924$88,683$402,607
Robert GoldbergChief Operating OfficerFT$294,084$81,749$375,833
Linda BellProvost and Dean of the FacultyFT$292,471$58,938$351,409
Rae SilverProfessorFT$268,254$57,238$325,492
Robert McCaugheyProfessorFT$234,926$52,335$287,261
Dusa McDuffProfessorFT$236,309$46,202$282,511
Kathryn KolbertDirector for Athena CTR Prof of LeadFT$227,147$52,738$279,885
David WeimanProfessorFT$222,920$56,450$279,370
Jomysha StephenChief of Staff to the President and General CounselFT$190,672$59,274$249,946
Avis HinksonDean of the CollegeFT$197,424$51,943$249,367
Carol M KatzmanVP for Information TechnologyFT$186,633$53,197$239,830
Joanne KwongVP for Communications and Counsel to the PresidentFT$173,399$64,192$237,591
Eileen M Di BenedettoVP for FinanceFT$179,785$38,415$218,200
Gail BeltroneVP for Campus ServicesFT$187,477$29,481$216,958
Catherine GeddisVP for Human ResourcesFT$173,359$32,013$205,372

Highest Paid Contractors

ContractorServicesLocationCompensation
Turner Construction Companyconstruction Service375 Hudson Avenue, New York, NY 10014$7,902,175
Skidmore Owings & MerrillArchitectural Srevice14 WALL STREET, 11TH FLOOR, New York, NY 10005$3,180,519
Investure LLCInvestment Management126 Garrett Street, Suite J, Charlottesville, VA 22902$1,057,053
Fxfowle Architects LLPArchitecture22 West 19TH Street, 11 Floor, New York, NY 10011$763,907
MORGAN BROWN and JOY LLPLegal Services200 STATE STREET, 6th floor, Boston, MA 02109$371,398
Revenue and Support

Revenue Composition

Contributions and Grants
$95,542,701
Program Service Revenue
$150,225,055
Investment Income
$14,908,314
Other Revenue
$1,911,106
All Other Contributions
$87,781,345
Change in Net Assets
$70,792,744

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 Traded82$857,442Mean Mkt Price
Works of Art1$23,880Fair Market Value (FMV)
Total Noncash Contributions83$881,322-

Audited Revenue Reconciliation

Revenue per Audited Statements
$153,349,286
Revenue Not Reported on Financial Statements
$109,237,890
Revenue Not Reported on Form 990
$-1,414,847
Other Revenue Adjustments
$109,237,890
Total Revenue per Audited Statements
$151,934,439
Total Revenue per Form 990
$262,587,176
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$98,852,221
Other Expenses$54,883,989
Grants and Similar Amounts Paid$37,763,978
Total Fundraising Expense$6,527,211
Professional Fundraising Fees$294,244

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$55,502,830$8,406,150$3,095,365$67,004,345
Grants to Domestic Individuals$36,414,945--$36,414,945
Other Employee Benefits$13,114,704$1,943,268$705,815$15,763,787
Occupancy$8,686,236$550,758$350,114$9,587,108
Depreciation Depletion$6,484,792$598,087$36,256$7,119,135
Pension Plan Contributions$5,715,419$846,881$307,596$6,869,896
Other Expenses$5,719,730$0$0$5,719,730
Office Expenses$3,128,154$1,944,908$439,054$5,512,116
Payroll Taxes$4,570,135$677,179$245,958$5,493,272
Interest$4,539,056$0$0$4,539,056
All Other Expenses$2,501,906$1,519,046$194,039$4,214,991
Current Officers, Directors, Trustees, and Key Employees$630,325$2,662,112$428,484$3,720,921
Fees for Services Other$1,168,841$838,224$86,271$2,093,336
Information Technology$573,194$924,493$24,379$1,522,066
Travel$771,442$374,461$307,818$1,453,721
Foreign Grants$1,349,033--$1,349,033
Fees for Service Investment Mgmnt Fees$0$1,190,933$0$1,190,933
Conferences and Meetings$807,698$231,184$8,218$1,047,100
Fees for Services Legal$26,224$640,019$3,600$669,843
Insurance$363,438$135,745$0$499,183
Fees for Services Professional Fundraising--$294,244$294,244
Fees for Services Accounting$0$214,693$0$214,693
Total Functional Expenses$161,569,080$23,698,141$6,527,211$191,794,432

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$191,794,432
Total Expenses per Audited Statements$152,051,813
Expenses per Audited Statements$150,510,649
Expenses Not Reported on Financial Statements$41,283,783
Other Expense Adjustments$41,283,783
Expenses Not Reported on Form 990$1,541,164
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Regents of he University of CaliforniaDavis, CA501 ( c ) (3)Collaborative Research RUI: The Neural Basis of Becoming a Parent: From Genotype to Phenotype$54,193
Research Foundation for Mental Hygiene IncMenands, NY501 ( c ) (3)Time and Associative Learning$53,574
Columbia UniversityNew York, NY501 ( c ) (3)Collaborative Research: MRI Consortium: Development of a Novel Telescope for very High-Energy Gamma-Ray Astrophysics$47,140
Columbia UniversityNew York, NY501 ( c ) (3)Foundations of the theory of J-Holomorphic curves$44,481
Columbia UniversityNew York, NY501 ( c ) (3)Particle Astrophysics at TeV Energies with VERITAS$43,445
International Center of PhotographyNew York, NY501 ( c ) (3)Barnard Teachers: Real Place plus Digital Access$29,115
Research Foundation of CUNYNew York, NY501 ( c ) (3)The responsibility of judges to assure due process: Tension among neutrality, rights protections, and role$17,575
Columbia UniversityNew York, NY501 ( c ) (3)Time and Associative Learning$9,914
Teacher College Columbia universityNew York, NY501 ( c ) (3)Hughes Science Pipeline Project$6,008

International Summary

Offices
0
Employees
0
Spending
$78,529,798

International Compliance

Activity in boycott countries
No
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$76,231,542
Europe (including Iceland and Greenland)Program ServicesStudy Abroad00$888,967
Europe (including Iceland and Greenland)Program ServicesResearch00$484,916
Europe (including Iceland and Greenland)Program ServicesSymposium00$302,645
Europe (including Iceland and Greenland)Program ServicesDevelopment00$119,856
Europe (including Iceland and Greenland)Program ServicesAdministration00$117,551
Europe (including Iceland and Greenland)Program ServicesInstruction00$82,611
East Asia and the PacificProgram ServicesResearch00$58,452
East Asia and the PacificProgram ServicesStudy Abroad00$27,398
South AsiaProgram ServicesResearch00$26,538
East Asia and the PacificProgram ServicesDevelopment00$26,482
Sub-Saharan AfricaProgram ServicesInstruction00$20,000
East Asia and the PacificProgram ServicesInstruction00$15,494
North America (including Canada and Mexico, but not the United States)Program ServicesResearch00$13,539
Europe (including Iceland and Greenland)Program ServicesAdmissions00$13,089
Sub-Saharan AfricaProgram ServicesResearch00$11,252
Europe (including Iceland and Greenland)Program ServicesInternational Programs00$11,192
East Asia and the PacificProgram ServicesAdmissions00$9,507
Middle East and North AfricaProgram ServicesStudy Abroad00$9,005
South AmericaProgram ServicesAdministration00$8,997
Middle East and North AfricaProgram ServicesInstruction00$8,364
South AsiaProgram ServicesAdmissions00$7,568
Central America and the CaribbeanProgram ServicesResearch00$5,865
South AmericaProgram ServicesResearch00$4,135
North America (including Canada and Mexico, but not the United States)Program ServicesInstruction00$3,899
Middle East and North AfricaProgram ServicesResearch00$3,196
Central America and the CaribbeanProgram ServicesSymposium00$2,244
Central America and the CaribbeanProgram ServicesDevelopment00$2,075
Russia and the newly independent StatesProgram ServicesInstruction00$2,000
North America (including Canada and Mexico, but not the United States)Program ServicesInternational Programs 1,88700$1,887
East Asia and the PacificProgram ServicesSymposium00$1,856
South AmericaProgram ServicesInstruction00$1,785
North America (including Canada and Mexico, but not the United States)Program ServicesAdmissions00$1,663
North America (including Canada and Mexico, but not the United States)Program ServicesAdministration00$1,060
Central America and the CaribbeanProgram ServicesInstruction00$1,053
South AmericaProgram ServicesAdmissions00$578
Sub-Saharan AfricaProgram ServicesDevelopment00$500
South AsiaProgram ServicesInstruction00$302
South AmericaProgram ServicesSymposium00$244
Sub-Saharan AfricaProgram ServicesAdmissions00$152
East Asia and the PacificProgram ServicesInternational Programs00$124
Russia and the newly independent StatesProgram ServicesInternational Programs00$90
South AmericaProgram ServicesInternational Programs00$87
Middle East and North AfricaProgram ServicesInternational Programs00$38
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$392,135
Professional Fundraising Fees$294,244
Fundraising Gross Income$120,600
Gaming Direct Expenses$0
Gaming Gross Income$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Scholarship NY Gala$3,141,666$91,000$129,235$-38,235
Scholarship LA Gala$253,287$29,600$28,632$968
Total Events$3,394,953$120,600$392,135$-271,535
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 obligation$23,791,471
Liability under split interest agreements$4,672,888
Asset retirement obligations$2,470,659

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
2017-01-31

Organization Details

Principal Officer
Eileen DiBenedetto
Formed
1889
Legal Domicile
Ny
Voting Board Members
32
Independent Board Members
31
Employees
2,551
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, 2015 and ending June 30, 2016, the college was granted an extension of time to file and will be filed by the College by May 15, 2017.

Form 990, Part XI, Line 9

Other Consist of Loss on Disposal $ (1,734,096).

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, 2016 the value of such assets of the College were approximately $ 818,721.

Schedule D, Part V, Line 4

The College's endowment consists of approximately 900 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 $5.3 million at June 30, 2016. 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 $ 9,323,568, Contributions for plant improvements of $ 63,782,634, Change in value of split interest agreements of ($ 91,126), Financial aid allowance of $ 37,763,978, Fundraising events expense of $ (392,135), and rental expense for non program service areas of $ (1,149,029). The total of these adjustments equals $ 109,237,890.

Schedule D, Part XII, Line 2D

Other consists of fundraising event expense of $ 392,135, and rental expense for non program services areas of $ 1,149,029. The total of these adjustments equals $ 1,541,164.

Schedule D, Part XII, Line 4B

Other consists of Financial aid allowance of $ 37,763,978, Postretirement benefit cost other than net periodic benefit cost of $ 2,336,946, investment expense $ 1,190,933 and (8,074) other miscellaneous expenses. The total of these adjustments equals $1,283,783.

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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/PersonNm24Carolina Steinbruch
IRS990/Form990PartVIISectionAGrp/PersonNm25Cynthia Stivers
IRS990/Form990PartVIISectionAGrp/PersonNm26Nina Sun
IRS990/Form990PartVIISectionAGrp/PersonNm27Linda Sweet
IRS990/Form990PartVIISectionAGrp/PersonNm28Twyla Tharp
IRS990/Form990PartVIISectionAGrp/PersonNm29Diana T Vagelos
IRS990/Form990PartVIISectionAGrp/PersonNm30Daniel B Zwirn
IRS990/Form990PartVIISectionAGrp/PersonNm31Debora Spar
IRS990/Form990PartVIISectionAGrp/PersonNm32Robert Goldberg
IRS990/Form990PartVIISectionAGrp/PersonNm33Bret Silver
IRS990/Form990PartVIISectionAGrp/PersonNm34Linda Bell
IRS990/Form990PartVIISectionAGrp/PersonNm35Avis Hinkson
IRS990/Form990PartVIISectionAGrp/PersonNm36Gail Beltrone
IRS990/Form990PartVIISectionAGrp/PersonNm37Jomysha Stephen
IRS990/Form990PartVIISectionAGrp/PersonNm38Joanne Kwong
IRS990/Form990PartVIISectionAGrp/PersonNm39Eileen M Di Benedetto
IRS990/Form990PartVIISectionAGrp/PersonNm40Carol M Katzman
IRS990/Form990PartVIISectionAGrp/PersonNm41Catherine Geddis
IRS990/Form990PartVIISectionAGrp/PersonNm42Rae Silver

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
2016Detailed filing. Detailed filing data is available for this year.$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. 2016 filings • 501(c)3 • $250M-$1B nonprofits