Civic Intelligence

Barnard College

990 • Fiscal year 2021 • EIN 13-1628149

Jul 01, 2020 to Jun 30, 2021 • Filed on Feb 15, 2022

Refreshing map…

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

52nd percentile

0.31x

Higher debt load relative to assets than 52% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Liabilities / Revenue

77th percentile

1.10x

Higher debt load relative to revenue than 77% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Net Margin

69th percentile

18%

Higher net margin than 69% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Top Officer Pay

59th percentile

$982,456

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Asset Growth

50th percentile

13%

Faster asset growth than 50% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2020 to 2021

Revenue Growth

54th percentile

12%

Faster revenue growth than 54% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2020 to 2021

Assets

Up

$934,956,587

Up $104,466,455 (+13%) from 2020

Net Assets

Up

$641,646,816

Up $122,674,296 (+24%) from 2020

Liabilities

Down

$293,309,771

Down $18,207,841 (-5.8%) from 2020

Revenue

Up

$267,817,606

Up $28,850,953 (+12%) from 2020

Expenses

Down

$220,273,794

Down $20,800,513 (-8.6%) from 2020

Net Income

Up

$47,543,812

Up $49,651,466 (+2356%) from 2020

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

2021

Assets$934,956,587
Liabilities$293,309,771
Net Assets$641,646,816

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

2021

Revenue$267,817,606
Expenses$220,273,794
Net Income$47,543,812
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Feb 15, 2022
Return Version
2020v4.0
Gross Receipts
$310,307,657
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 1)

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$291,695,652$380,824,244▲ $89,128,592
Land, Buildings, and Equipment, Net$270,794,563$275,222,863▲ $4,428,300
Investments in Publicly Traded Securities$74,382,996$91,277,667▲ $16,894,671
Pledges and Grants Receivable$44,511,514$58,311,226▲ $13,799,712
Intangible Assets$45,995,051$47,688,601▲ $1,693,550
Investments Program Related$47,032,518$35,877,312▼ $11,155,206
Savings and Temporary Cash Investments$47,308,457$33,930,795▼ $13,377,662
Prepaid Expenses and Deferred Charges$3,504,158$8,256,681▲ $4,752,523
Other Notes and Loans Receivable, Net$1,527,246$1,316,858▼ $210,388
Accounts Receivable$382,238$649,884▲ $267,646
Inventories for Sale or Use$230,178$153,024▼ $77,154
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$830,490,132$934,956,587▲ $104,466,455
Other Assets Total$3,125,561$1,447,432▼ $1,678,129
Liabilities
Tax Exempt Bond Liabilities$187,434,882$171,030,920▼ $16,403,962
Mortgage Notes Payable Secured by Investment Property$47,740,728$48,450,903▲ $710,175
Other Liabilities$40,905,611$44,801,583▲ $3,895,972
Accounts Payable and Accrued Expenses$22,330,876$25,183,283▲ $2,852,407
Unsecured Notes Loans Payable$10,000,000$0▼ $10,000,000
Deferred Revenue$2,714,552$3,565,167▲ $850,615
Grants Payable$390,963$277,915▼ $113,048
Escrow Account Liability$0$0→ $0
Total Liabilities$311,517,612$293,309,771▼ $18,207,841
Net Assets / Fund Balance
Net Assets With Donor Restrictions$401,193,051$520,347,669▲ $119,154,618
Net Assets Without Donor Restrictions$117,779,469$121,299,147▲ $3,519,678
Total Net Assets Fund Balance$518,972,520$641,646,816▲ $122,674,296
Total Liabilities and Net Assets / Fund Balance$830,490,132$934,956,587▲ $104,466,455

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$256,178,338$164,590,115$420,768,453
Equipment$5,767,724$29,354,418$35,122,142
Other Land Buildings$12,042,834$0$12,042,834
Land$1,233,967-$1,233,967
Leasehold Improvements$0$0$0
Other Securities$236,820--
Closely Held Equity Interests$0--
Financial Derivatives$0--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$356,578,750$15,521,556▲ $107,794,721$8,799,573$460,487,934
2019$363,622,697$10,881,295▲ $716,504$7,688,299$356,578,750
2018$345,096,123$16,655,566▲ $18,902,606$7,378,662$363,622,697
2017$327,159,251$8,256,583▲ $25,789,908$6,979,625$345,096,123
2016$286,760,958$17,525,964▲ $38,643,166$6,968,280$327,159,251
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sian Leah BeilockEx-Officio and PresidentFT$745,078$237,378$982,456
Lisa YehVP for DevelopmentFT$425,159$68,620$493,779
Jomysha StephenEVP of the College, General Counsel and Chief of Staff to the PresidentFT$357,336$81,813$439,149
Jomysha StephenChief of Staff to the President and General Counsel-$302,336$136,813$439,149
Linda BellProvost Dean of the FacultyFT$351,195$81,973$433,168
Rebecca WrightProfessorFT$378,591$51,339$429,930
Rae SilverProfessorFT$309,997$71,019$381,016
Roger MosierVP of OperationsFT$277,571$72,954$350,525
Saskia HamiltonProfessorFT$280,746$66,428$347,174
Eileen M Di BenedettoCFO and VP for FinanceFT$283,374$59,004$342,378
Reshmi MukherjeeProfessorFT$283,881$46,187$330,068
David WeimanProfessorFT$267,045$57,148$324,193
Jennifer FondillerVice President for Enrollment and CommunicationsFT$250,599$71,704$322,303
Catherine GeddisVP for Human ResourcesFT$295,455$22,993$318,448
Ariana Gonzalez StokasVP Diversity Equity and Inclusion until June 1, 2021FT$222,247$66,958$289,205
Ariana Gonzalez StokasVP Diversity Equity and Inclusion-$222,247$66,958$289,205
Carol M KatzmanVP for Information TechnologyFT$237,845$32,105$269,950
Lesiie GrinageDean of the CollegeFT$214,990$42,257$257,247
Gabrielle SimpsonVP for CommunicationsFT$184,709$28,081$212,790

Highest Paid Contractors

ContractorServicesLocationCompensation
Fxcollaborative Architects LLPArchitecture22 West 19th Street, Suite 110, New York, NY 10011$319,447
Collaborative Solutions LLCProgramming Consultant11190 Sunrise Valley Drive, 7th Floor, Reston, VA 20191$259,714
BOND SCHOENECK and KING PLLCLegal ServiceP O Box 11607, Syracuse, NY 13218$229,994
Grant Thornton LLPAccounting Service33570 Treasury Center, Chicago, IL 60694$198,110
Eme Consulting Engineering Group LLCEngineering Consultant129 West 27th Street, New York, NY 10001$194,057
Revenue and Support

Revenue Composition

Contributions and Grants
$70,036,063
Program Service Revenue
$163,976,180
Investment Income
$32,935,223
Other Revenue
$870,140
All Other Contributions
$59,584,112
Change in Net Assets
$47,543,812

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 Traded183$10,028,035Mean Mkt Price
Total Noncash Contributions183$10,028,035-

Audited Revenue Reconciliation

Revenue per Audited Statements
$188,679,409
Revenue Not Reported on Financial Statements
$79,138,197
Revenue Not Reported on Form 990
$-14,986,388
Other Revenue Adjustments
$79,138,197
Total Revenue per Audited Statements
$173,693,021
Total Revenue per Form 990
$267,817,606
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$122,310,580
Other Expenses$59,790,679
Grants and Similar Amounts Paid$38,028,013
Total Fundraising Expense$7,110,623
Professional Fundraising Fees$144,522

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$68,650,739$11,714,233$3,695,942$84,060,914
Grants to Domestic Individuals$36,545,320--$36,545,320
Other Employee Benefits$14,988,544$2,847,831$858,961$18,695,336
Depreciation Depletion$11,025,322$755,506$45,799$11,826,627
Interest$9,521,661$0$0$9,521,661
Pension Plan Contributions$7,480,358$914,362$335,771$8,730,491
All Other Expenses$6,775,856$1,625,758$170,875$8,572,489
Occupancy$6,637,091$580,854$542,168$7,760,113
Payroll Taxes$5,378,752$989,597$304,500$6,672,849
Other Expenses$6,252,982$0$0$6,252,982
Office Expenses$2,374,137$1,866,769$439,883$4,680,789
Current Officers, Directors, Trustees, and Key Employees$1,053,822$2,575,753$521,415$4,150,990
Fees for Services Other$1,539,545$1,250,988$22,041$2,812,574
Fees for Service Investment Mgmnt Fees$0$1,731,636$0$1,731,636
Foreign Grants$1,482,693--$1,482,693
Information Technology$372,792$988,427$25,308$1,386,527
Insurance$836,695$196,586$0$1,033,281
Fees for Services Legal$22,131$759,522$2,700$784,353
Fees for Services Accounting$0$227,141$0$227,141
Conferences and Meetings$160,170$29,503$50$189,723
Fees for Services Professional Fundraising--$144,522$144,522
Travel$80,546$36,013$688$117,247
Total Functional Expenses$184,072,692$29,090,479$7,110,623$220,273,794

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$220,273,794
Total Expenses per Audited Statements$182,076,000
Expenses per Audited Statements$179,280,939
Expenses Not Reported on Financial Statements$40,992,855
Other Expense Adjustments$40,992,855
Expenses Not Reported on Form 990$2,795,061
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Research Foundation for Mental Hygiene IncMenands, NY501 ( c ) (3)Time and Associative Learning$198,340
Georgia Tech Research CorporationAtlanta, GA501 ( c ) (3)MRI Consortium: Development of a Wide Field-of-View Camera for the Schwarzschild-Couder Gamma Ray Telescope$150,758
Board of Regents of University of Wisconsin SystemMilwaukee, WI501 ( c ) (3)MRI Consortium: Development of a Wide Field-of-View Camera for the Schwarzschild-Couder Gamma Ray Telescope$99,797
Columbia UniversityNew York, NY501 ( c ) (3)Particle Astrophysics at TeV Energies with VERITAS$95,773
Stanford UniversitySan Francisco, CA501 ( c ) (3)Molecular mechanisms of alkane hydroxylase (AlkB) selectivity and reactivity$88,570
Trustees of Darthmouth CollegeHanover, NH501 ( c ) (3)RUI Mapping Physical Networks to Functional Networks in SCN Oscillation$85,890
Columbia UniversityNew York, NY501 ( c ) (3)Rapid 2020$57,733
The Washington University in St LouisSt Louis, MO501 ( c ) (3)MRI Consortium: Development of a Wide Field-of-View Camera for the Schwarzschild-Couder Gamma Ray Telescope$48,942
Columbia UniversityNew York, NY501 ( c ) (3)MRI Consortium Development of a Wide Field-of-View Camera for the Schwarzschild-Couder Gamma Ray Telescope$29,947
Case Western UniversityCleveland, OH501 ( c ) (3)MRI Consortium: Development of a Wide Field-of-View Camera for the Schwarzschild-Couder Gamma Ray Telescope$22,789
The Regents of the University of CaliforniaSanta Cruz, CA501 ( c ) (3)MRI Consortium: Development of a Wide Field-of-View Camera for the Schwarzschild-Couder Gamma Ray Telescope$22,052
Boston UniversityBoston, MA501 ( c ) (3)Exploring the Connection Between Superluminal Jet Components and Gamma-ray Flares in Tev Blazars$21,863
Stevens Institute of TechnologyHoboken, NJ501 ( c ) (3)R Wright NSF SaTC PI meeting$15,164
Research Foundation for Mental Hygiene IncMenands, NY501 ( c ) (3)Narsard - 2019-2021$14,040
Columbia UniversityNew York, NY501 ( c ) (3)Transforming the Teaching of Economics$12,791
Columbia UniversityNew York, NY501 ( c ) (3)R Wright NSF SaTC PI meeting$12,702
Smithsonian Astrophysical ObservatoryCambridge, MA501 ( c ) (3)MRI Consortium Development of a Wide Field-of-View Camera for the Schwarzschild-Couder Gamma Ray Telescope$6,417

International Summary

Offices
0
Employees
0
Spending
$122,675,248

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$122,122,485
North America (including Canada and Mexico, but not the United States)Program ServicesResearch00$113,520
East Asia and the PacificProgram ServicesResearch00$63,273
Europe (including Iceland and Greenland)Program ServicesInstruction00$49,491
Sub-Saharan AfricaProgram ServicesResearch00$42,450
Europe (including Iceland and Greenland)Program ServicesResearch00$37,219
Europe (including Iceland and Greenland)Program ServicesDevelopment00$35,565
Europe (including Iceland and Greenland)Program ServicesStudy Abroad00$34,314
North America (including Canada and Mexico, but not the United States)Program ServicesInstruction00$25,688
East Asia and the PacificProgram ServicesOther/Student Services00$23,631
Europe (including Iceland and Greenland)Program ServicesOther/Student Services00$21,951
South AmericaProgram ServicesOther/Student Services00$19,744
Sub-Saharan AfricaProgram ServicesOther/Student Services00$19,723
North America (including Canada and Mexico, but not the United States)Program ServicesStudy Abroad00$13,945
East Asia and the PacificProgram ServicesAdmissions00$9,619
Central America and the CaribbeanProgram ServicesOther/Student Services00$9,110
Europe (including Iceland and Greenland)Program ServicesAdministration00$5,308
Middle East and North AfricaProgram ServicesOther/MISC00$4,925
Russia and the newly independent StatesProgram ServicesOther/Student Services00$3,700
Europe (including Iceland and Greenland)Program ServicesAlum Relations00$2,700
South AmericaProgram ServicesInstruction00$2,567
North America (including Canada and Mexico, but not the United States)Program ServicesAdministration00$2,480
Sub-Saharan AfricaProgram ServicesInstruction00$2,325
South AmericaProgram ServicesResearch00$2,247
East Asia and the PacificProgram ServicesInstruction00$2,050
North America (including Canada and Mexico, but not the United States)Program ServicesOther/Student Services00$1,550
Europe (including Iceland and Greenland)Program ServicesAdmissions00$1,096
South AsiaProgram ServicesInstruction00$630
South AsiaProgram ServicesResearch00$527
South AsiaProgram ServicesOther/Student Services00$500
North America (including Canada and Mexico, but not the United States)Program ServicesAlum Relations00$250
Middle East and North AfricaProgram ServicesAlum Relations00$250
Middle East and North AfricaProgram ServicesResearch00$250
Central America and the CaribbeanProgram ServicesInstruction00$165
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$144,522
Fundraising Direct Expenses$71,776
Fundraising Gross Income$2,890

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
NY Scholarship Gala$2,100,634$2,890$58,489$-55,599
Total Events$2,100,634$2,890$71,776$-68,886
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
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$33,945,967
Liability under split interest agreement$4,563,894
Asset retirement obligation$3,345,471
Operating Lease Liability$2,946,251

Bond Issues

BondIssuerIssuedIssue PricePurpose
BDormitory Authority of the State of New York2015-04-24$124,699,725See Part VI
DDormitory Authority State of New York2020-02-13$47,578,006See Part VI
ADormitory Authority of the State of New York2020-10-08$40,475,000See Part VI
CDormitory Authority of the State of New York2015-05-29$36,200,000See Part VI
ADormitory Authority of the State of New York2008-04-24$28,040,000See Part VI

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$124,699,725$53,574,543$0$1,082,074
D$47,578,006$0$0$645,587
A$40,475,000$0$0$417,619
C$36,200,000$0$0$257,400
A$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 35% controlled entity
No
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 Chief Financial Officer & VP for Finance, The President and the Committee on Audits and Compliance, and by Grant Thornton LLP, an Independent Certified Public Accountant Firm.

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: CFO and VP for Finance, VP for Operations, Executive VP of the College and General Counsel, Dean of the College, Provost, Vice President for Development, Vice President of Enrollment and Communications, and other Senior Staff. The Compensation Committee is provided with comparable data from the higher education industry from an external compensation consultant 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 it's web-site.

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
CFO & VP for Finance
Phone
2128542003
Signed
2022-02-15

Organization Details

Principal Officer
Eileen DiBenedetto
Formed
1889
Legal Domicile
Ny
Voting Board Members
31
Independent Board Members
29
Employees
2,627
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

For Form 990-T for the tax year beginning July 1, 2020 and ending June 30, 2021, the College was granted an extension of time to file and will be filed by May 15, 2022.

Financial Statement Notes

Schedule D, Part III, Line 4

The art and historical treasures primarily consist of paintings, books and drawings by alumnae, maintained for the preservation for future generations. At June 30, 2021, the value of such assets of the College were approximately $820,429

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 31 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, 2021. The perpetual trusts are held and administered for Barnard College by unrelated organizations.

Schedule D, Part X, Line 2

The College complies with the provisions of ASC 740-10, 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 $ 14,500,569, Contributions for plant improvements of $ 26,002,876, Change in value of split interest agreements of $ 3,398,533, Financial aid allowance of $ 38,028,014, expense of $ (71,776), rental expense for non program service areas of $ (2,723,285) and Misc. rounding difference $ 3,275. The total of these adjustments equals $ 79,138,197.

Schedule D, Part XII, Line 2D

Other consists of fundraising event expense of $ 71,776, and rental expense for non program services areas of $ 2,723,285. The total of these adjustments equals $ 2,795,061.

Schedule D, Part XII, Line 4B

Other consists of Financial aid allowance of $ 38,028,014, Postretirement benefit $ (1,441,469), Postretirement other than periodic costs of $ 1,569,234, investment expenses $ 1,731,636, DASNY SWAP Adjustment $ 1,105,654, Miscellaneous differences $ (214). The total of these adjustments equal $ 40,992,855 .

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IRS990/Form990PartVIISectionAGrp/PersonNm2Jomysha Stephen
IRS990/Form990PartVIISectionAGrp/PersonNm3Linda Bell
IRS990/Form990PartVIISectionAGrp/PersonNm4Rebecca Wright
IRS990/Form990PartVIISectionAGrp/PersonNm5Rae Silver
IRS990/Form990PartVIISectionAGrp/PersonNm6Roger Mosier
IRS990/Form990PartVIISectionAGrp/PersonNm7Saskia Hamilton
IRS990/Form990PartVIISectionAGrp/PersonNm8Eileen M Di Benedetto
IRS990/Form990PartVIISectionAGrp/PersonNm9Reshmi Mukherjee
IRS990/Form990PartVIISectionAGrp/PersonNm10David Weiman
IRS990/Form990PartVIISectionAGrp/PersonNm11Jennifer Fondiller
IRS990/Form990PartVIISectionAGrp/PersonNm12Catherine Geddis
IRS990/Form990PartVIISectionAGrp/PersonNm13Ariana Gonzalez Stokas
IRS990/Form990PartVIISectionAGrp/PersonNm14Carol M Katzman
IRS990/Form990PartVIISectionAGrp/PersonNm15Lesiie Grinage
IRS990/Form990PartVIISectionAGrp/PersonNm16Gabrielle Simpson
IRS990/Form990PartVIISectionAGrp/PersonNm17Laura Blankfein
IRS990/Form990PartVIISectionAGrp/PersonNm18Ina Drew
IRS990/Form990PartVIISectionAGrp/PersonNm19Gregor Freund
IRS990/Form990PartVIISectionAGrp/PersonNm20Nancy Garvey
IRS990/Form990PartVIISectionAGrp/PersonNm21Karen Goldberg
IRS990/Form990PartVIISectionAGrp/PersonNm22William Helman
IRS990/Form990PartVIISectionAGrp/PersonNm23Ruth Horowitz
IRS990/Form990PartVIISectionAGrp/PersonNm24Karlie Kloss
IRS990/Form990PartVIISectionAGrp/PersonNm25Jyoti Menon
IRS990/Form990PartVIISectionAGrp/PersonNm26Cheryl G Milstein
IRS990/Form990PartVIISectionAGrp/PersonNm27Sherif Nadar
IRS990/Form990PartVIISectionAGrp/PersonNm28David O'Connor
IRS990/Form990PartVIISectionAGrp/PersonNm29Lida Orzeck
IRS990/Form990PartVIISectionAGrp/PersonNm30Daphne Philipson
IRS990/Form990PartVIISectionAGrp/PersonNm31Philippa Portnoy
IRS990/Form990PartVIISectionAGrp/PersonNm32Serge Przedborski
IRS990/Form990PartVIISectionAGrp/PersonNm33Dara Richardson Heron
IRS990/Form990PartVIISectionAGrp/PersonNm34Barrie Roman
IRS990/Form990PartVIISectionAGrp/PersonNm35Ramona Romero
IRS990/Form990PartVIISectionAGrp/PersonNm36Ann Sacher
IRS990/Form990PartVIISectionAGrp/PersonNm37Marcia Sells
IRS990/Form990PartVIISectionAGrp/PersonNm38Nina Shaw
IRS990/Form990PartVIISectionAGrp/PersonNm39Steven Solnick

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. 2021 filings • 501(c)3 • $250M-$1B nonprofits