Civic Intelligence

John Nicholas Brown Center for the Study of American Civilization

990 • Fiscal year 2021 • EIN 22-2506553

Jul 01, 2020 to Jun 30, 2021 • Filed on May 13, 2022

Controllers Office Box JProvidence, RI 02912

(401) 863-1743

Siviq Scores

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

Liabilities / Assets

20th percentile

0.03x

Higher debt load relative to assets than 20% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

72nd percentile

0.67x

Higher debt load relative to revenue than 72% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

8th percentile

-17%

Higher net margin than 8% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

96th percentile

$1,311,802

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 122.6% of source-year revenue.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

89th percentile

40%

Faster asset growth than 89% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

81st percentile

54%

Faster revenue growth than 81% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Assets

Up

$28,222,406

Up $8,011,650 (+40%) from 2020

Net Assets

Up

$27,510,348

Up $8,148,708 (+42%) from 2020

Liabilities

Down

$712,058

Down $137,058 (-16%) from 2020

Revenue

Up

$1,069,592

Up $373,325 (+54%) from 2020

Expenses

Up

$1,255,354

Up $117,034 (+10%) from 2020

Net Income

Up

-$185,762

Up $256,291 (+58%) from 2020

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $18,556,393Liabilities 2011: $0Net Assets 2011: $18,556,3932011Assets 2012: $17,372,770Liabilities 2012: $0Net Assets 2012: $17,372,7702012Assets 2013: $17,666,097Liabilities 2013: $0Net Assets 2013: $17,666,0972013Assets 2014: $18,857,675Liabilities 2014: $319Net Assets 2014: $18,857,3562014Assets 2015: $18,521,510Liabilities 2015: $4,317Net Assets 2015: $18,517,1932015Assets 2016: $17,391,805Liabilities 2016: $4,317Net Assets 2016: $17,387,4882016Assets 2017: $17,898,273Liabilities 2017: $4,317Net Assets 2017: $17,893,9562017Assets 2018: $18,432,908Liabilities 2018: $4,317Net Assets 2018: $18,428,5912018Assets 2019: $19,234,685Liabilities 2019: $315,582Net Assets 2019: $18,919,1032019Assets 2020: $20,210,756Liabilities 2020: $849,116Net Assets 2020: $19,361,6402020Assets 2021: $28,222,406Liabilities 2021: $712,058Net Assets 2021: $27,510,3482021Assets 2022: $25,795,911Liabilities 2022: $702,617Net Assets 2022: $25,093,2942022Assets 2023: $25,149,817Liabilities 2023: $29,091Net Assets 2023: $25,120,7262023

Highlighted filing

2021

Assets$28,222,406
Liabilities$712,058
Net Assets$27,510,348

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $1,579,813Expenses 2011: $975,005Net Income 2011: $604,8082011Revenue 2012: $382,598Expenses 2012: $1,212,450Net Income 2012: -$829,8522012Revenue 2013: $1,359,083Expenses 2013: $1,212,375Net Income 2013: $146,7082013Revenue 2014: $781,344Expenses 2014: $1,223,415Net Income 2014: -$442,0712014Revenue 2015: $746,691Expenses 2015: $1,108,306Net Income 2015: -$361,6152015Revenue 2016: $999,272Expenses 2016: $1,147,376Net Income 2016: -$148,1042016Revenue 2017: $773,960Expenses 2017: $1,326,420Net Income 2017: -$552,4602017Revenue 2018: $771,111Expenses 2018: $1,065,906Net Income 2018: -$294,7952018Revenue 2019: $738,752Expenses 2019: $1,249,062Net Income 2019: -$510,3102019Revenue 2020: $696,267Expenses 2020: $1,138,320Net Income 2020: -$442,0532020Revenue 2021: $1,069,592Expenses 2021: $1,255,354Net Income 2021: -$185,7622021Revenue 2022: $1,139,334Expenses 2022: $1,450,393Net Income 2022: -$311,0592022Revenue 2023: $1,051,906Expenses 2023: $1,024,474Net Income 2023: $27,4322023

Highlighted filing

2021

Revenue$1,069,592
Expenses$1,255,354
Net Income-$185,762
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 13, 2022
Return Version
2020v4.1
Gross Receipts
$1,069,592
Mission and Program Overview

Mission

John nicholas brown center (jnbc) supports brown university a section 501(c)(3) tax exempt organization. Jnbc was established to host visiting scholars, preserve the brown family papers, and to advance scholarship and education in the field of american civilizations.

SEE SCHEDULE O.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$19,212,409$27,546,879▲ $8,334,470
Land, Buildings, and Equipment, Net$998,347$675,527▼ $322,820
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$20,210,756$28,222,406▲ $8,011,650
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$849,090$712,032▼ $137,058
Deferred Revenue$26$26→ $0
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$849,116$712,058▼ $137,058
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,374,594$17,616,927▲ $7,242,333
Net Assets With Donor Restrictions$8,987,046$9,893,421▲ $906,375
Total Net Assets Fund Balance$19,361,640$27,510,348▲ $8,148,708
Total Liabilities and Net Assets / Fund Balance$20,210,756$28,222,406▲ $8,011,650

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$487,974$10,017,434$10,505,408
Leasehold Improvements$87,553$273,788$361,341
Land$100,000-$100,000
Other Securities$27,546,879--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$19,212,409$8,334,470--$27,546,879
2019$17,911,397$1,301,012--$19,212,409
2018$16,674,010$1,237,387--$17,911,397
2017$15,454,044$1,219,966--$16,674,010
2016$14,395,116$1,058,928--$15,454,044
Compensation and Service Providers

Board Members and Trustees

NameTitle
Christina PaxsonPresident
Richard LockeVice President
Dietrich C NeumannSecretary
Barbara ChernowTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,000
Program Service Revenue
$345,414
Investment Income
$718,999
Other Revenue
$179
All Other Contributions
$5,000
Change in Net Assets
$-185,762
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$510,659
Salaries, Compensation, and Employee Benefits$408,765
Grants and Similar Amounts Paid$335,930
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$335,930--$335,930
Other Salaries and Wages$331,148--$331,148
Depreciation Depletion$322,816--$322,816
Office Expenses$87,752--$87,752
Other Employee Benefits$77,617--$77,617
Fees for Services Other$57,624--$57,624
Occupancy$42,467--$42,467
Total Functional Expenses$1,255,354$0$0$1,255,354
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
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
Due to Brown$712,032
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION A, LINE 2:

Christina paxson is an employee and an officer of brown university. Barbara chernow and richard locke are both employed by brown university and reported as key employees for the university's form 990 filing. Dietrich neumann is an employee of brown university.

FORM 990, PART VI, SECTION A, LINE 8B:

Jnbc does not have any other committee which has authority to act on behalf of the governing body.

FORM 990, PART VI, SECTION B, LINE 11 AND 11A:

The tax return is prepared by the university and reviewed by the university's tax consultants. A copy of the form 990 is not made available to the governing body before filing. The controller's office is authorized to file the form 990 on the governing body's behalf.

FORM 990, PART VI, SECTION B, LINES 12, 13 & 14:

In practice, jnbc adheres to brown university's policies and procedures. Brown university has a written conflict of interest policy, a written whistleblower policy and a written document retention & destruction policy.

FORM 990, PART VI, SECTION B, LINE 15:

All compensation was paid by brown university (ein: 05-0258809). Jnbc does not pay compensation for serving on the board of jnbc.

FORM 990, PART VI, SECTION C, LINE 19:

Jnbc is part of the university's consolidated financial statements. The university's financial statements, conflict of interest policies, and governing documents (charter and statutes) are made available to the public upon request and on their website. The jnbc form 990 is available upon request and additionally on guidestar. All other documents are available upon request.

Filing and Contact Details

Filer

Filer Name
John Nicholas Brown Center
EIN
22-2506553
In Care Of
% BROWN UNIVERSITY
Phone
4018631743
Address
CONTROLLERS OFFICE BOX J, PROVIDENCE, RI 02912

Signing Officer

Name
Charlene Sweeney
Title
Avp & Controller
Phone
4018631743
Signed
2022-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christina Paxson
Formed
1979
Legal Domicile
Ri
Voting Board Members
4
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
PricewaterhouseCoopers LLP
Address
101 SEAPORT BLVD SUITE 500, BOSTON, MA 02210
Phone
6175305000
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE I:

John nicholas brown center (jnbc) supports brown university a section 501(c)(3) tax exempt organization. Jnbc was established to host visiting scholars, preserve the brown family papers, and to advance scholarship and education in the field of american civilizations.

FORM 990, PART X, LINES 27-29:

Please note that column a, beginning of year balances for net assets and capital stock has been updated to provide a more complete and accurate report. The organization has no capital stock. This should have been recorded as net assets and as such has been updated for this filing.

FORM 990, PART XII, LINE 2B:

Brown university's financial statements include the accounts of the john nicholas brown center for the study of american civilization, brown faculty club and brown university research foundation. All of which are separate entities that are consolidated in the financial statements. Brown university and these consolidated entities are collectively referred to herein as the university. All significant inter-entity transactions and balances have been eliminated in consolidation.

Financial Statement Notes

SCHEDULE D, PART V, LINE 4:

Jnbc's endowment income helps finance vital activities, including connecting academic communities and the broader public through history, art and culture. Jnbc's programs explore the ways in which the humanities enrich everyday life and are dedicated to helping further understanding by providing the skills practitioners need to preserve and manage cultural heritage, and building new links between universities, cultural organizations and communities.

SCHEDULE D, PART X, LINE 2:

John nicholas brown center (jnbc) is a separate legal entity and is consolidated in the financial statements. Brown university and these consolidated entities are collectively referred to as the university. The university is a not-for-profit orgnization as described in section 501(c)(3) of the internal revenue code, as amended, and is generally exempt from income taxes. The university assesses uncertain tax positions and determined that there are no such positions that have a material effect on the financial statements.

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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0BROWN UNIVERSITY
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0JNBC'S ENDOWMENT INCOME HELPS FINANCE VITAL ACTIVITIES, INCLUDING CONNECTING ACADEMIC COMMUNITIES AND THE BROADER PUBLIC THROUGH HISTORY, ART AND CULTURE. JNBC'S PROGRAMS EXPLORE THE WAYS IN WHICH THE HUMANITIES ENRICH EVERYDAY LIFE AND ARE DEDICATED TO HELPING FURTHER UNDERSTANDING BY PROVIDING THE SKILLS PRACTITIONERS NEED TO PRESERVE AND MANAGE CULTURAL HERITAGE, AND BUILDING NEW LINKS BETWEEN UNIVERSITIES, CULTURAL ORGANIZATIONS AND COMMUNITIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1JOHN NICHOLAS BROWN CENTER (JNBC) IS A SEPARATE LEGAL ENTITY AND IS CONSOLIDATED IN THE FINANCIAL STATEMENTS. BROWN UNIVERSITY AND THESE CONSOLIDATED ENTITIES ARE COLLECTIVELY REFERRED TO AS THE UNIVERSITY. THE UNIVERSITY IS A NOT-FOR-PROFIT ORGNIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED, AND IS GENERALLY EXEMPT FROM INCOME TAXES. THE UNIVERSITY ASSESSES UNCERTAIN TAX POSITIONS AND DETERMINED THAT THERE ARE NO SUCH POSITIONS THAT HAVE A MATERIAL EFFECT ON THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PART X, LINE 2:
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANT FUNDS ARE MANAGED IN ACCORDANCE WITH BOTH THE SPONSOR AND JNBC RULES AND REGULATIONS. EXPENDITURES ARE REVIEWED ON A PRE AND POST AUDIT BASIS TO ENSURE THAT THE COSTS INCURRED AND CHARGED TO A PARTICULAR GRANT IS IN COMPLIANCE WITH BOTH THE SPONSOR AND JNBC POLICIES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PART I, LINE 2:
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